According to WuSaid, Nate Geraci, president of The ETF Store, said that the Solana ETF is likely to be approved by the end of next year at the latest, and the SEC may be in contact with the issuer. Alexander Blume, CEO of Two Prime Digital Assets, also believes that industry leaders such as Bitwise have submitted applications, showing confidence in success.
Blume noted that the success of spot Bitcoin and spot Ethereum ETFs, coupled with a friendlier regulatory environment, will lead to the launch of the SOL ETF within the next year.
