According to reports from Wu, Nate Geraci, the president of The ETF Store, stated that the likelihood of the Solana ETF being approved by the end of next year is very high, and the SEC may be in contact with issuers. Alexander Blume, CEO of Two Prime Digital Assets, also believes that industry leaders like Bitwise have submitted applications, demonstrating confidence in success.
Blume pointed out that the success of spot Bitcoin and spot Ethereum ETFs, along with a more favorable regulatory environment, will lead to the launch of the SOL ETF within the next year.