The expert predicted the emergence of ETFs based on a basket of BTC, ETH and SOL

In the next few months, applications to launch ETFs combining Bitcoin, Ethereum and Solana will appear. This was stated by Nate Geraci, President of The ETF Store.

We are rapidly moving towards index-based and actively managed cryptocurrency ETFs,” the specialist predicted.

The SEC has approved July 23 as the trading start date for five Ethereum ETFs.

Steno Research predicted a net inflow of $15-20 billion into future funds during the year and the growth of the second largest cryptocurrency by capitalization to $6,500. K33 Research estimated product revenues in the first five months after the start of trading at $3.1–4.8 billion. 

On July 8, Cboe BZX filed Form 19b-4 for the 21Shares Core Solana ETF and VanEck Solana Trust.

According to the rules, the agency will have 240 days to decide whether or not to approve the rule changes needed to list the instruments on the platform.

According to Bloomberg analyst Eric Balchunas, the SEC could register the product in mid-March 2025. VanEck head of digital asset research Matthew Siegel came to similar conclusions.

Prior to this, Matrixport co-founder Daniel Yang expressed his opinion about the possibility of the asset becoming the basis for the next ETF. Standard Chartered's head of research, Jeffrey Kendrick, also predicted the instrument's appearance on SOL in 2025. 

A similar point of view is shared by Ripple CEO Brad Garlinghouse and Galaxy Digital CEO Mike Novogratz.

Let us remind you that market maker GSR positively assessed the growth potential of Solana in the event of the launch of an ETF. According to analysts, the cryptocurrency could rise in price by 1.4-8.9 times.