According to Odaily Planet Daily, Bloomberg senior ETF analyst Eric Balchunas wrote in X that unless there is a change in the leadership of the US government, the chances of Solana ETF being approved are slim.
Balchunas added that the chances of approval in 2024 are close to zero, and if Harris wins, the chances in 2025 are also likely to be close to zero. His only hope is that Trump wins.
Earlier, sources revealed that the US SEC rejected two Solana spot ETF 19b-4 applications submitted by Cboe BZX. These applications have been withdrawn from the Cboe website.
