Bitwise is making moves in the crypto world by registering a statutory trust for a proposed Solana ETF in Delaware. This step hints at an upcoming S-1 registration filing with the U.S. SEC. The Solana ETF aims to track the price of Solana, the fourth-largest cryptocurrency. While details like the stock exchange listing and ticker remain undisclosed, Bitwise's Bitcoin and Ethereum ETFs are on NYSE Arca. Industry experts, like VanEck's Matthew Sigel, predict high chances of a U.S.-approved Solana ETF by 2025, amid a potentially more crypto-friendly regulatory climate.