🚀Asset managers VanEck and 21Shares are betting big on the future of Solana, filing for the first-ever Solana ETFs! 🎲

Their move seems to be a strategic wager on the 2024 U.S. presidential election. With Trump's recent crypto embrace, the odds of Solana ETFs getting approved could skyrocket if he retakes the presidency. 🏛️

Currently, only Bitcoin ETFs have been approved in the U.S., and Ethereum's Ether ETFs are still awaiting full approval. But Solana, one of the largest cryptocurrencies, could be the next in line. 📈

However, a key hurdle remains - the Biden administration's SEC requires a well-established regulated derivatives market, which Solana lacks. But with Trump warming up to digital assets, this obstacle might soon be irrelevant. 🚧

What do you think? Will Solana ETFs get the green light under a potential Trump administration? Let's discuss in the comments! 🗨️