$SOL Matrixport founder: $SOL likely to rise if spot ETH ETF approved

Daniel Yan, co-founder of crypto services provider Matrixport, shared on X that if an Ethereum (ETH) spot ETF is approved, the smartest trading strategy would be to buy Solana (SOL). He explained that Solana will likely be the next cryptocurrency to receive ETF approval after ETH. Yan pointed out that after the approval of the spot BTC ETF, ETH/BTC rose 12% in just one week due to expectations for the spot ETH ETF.