According to Odaily Planet Daily, 21.co co-founder and president Ophelia Snyder said that expectations for new altcoin ETFs should not be too high, and the approval of the Ethereum ETF is unlikely to trigger a wave of approvals for altcoin ETFs such as SOL. Ophelia Snyder revealed that the European market has a great interest in Solana exchange-traded products (ETPs), and its related products currently have an asset management scale of US$990 million.