## $SOL 's ETF Prospects ##
The $SOL ETF is highly unlikely to gain approval. The SEC has classified SOL as a security. Consider the scenario before BlackRock's Bitcoin ETF application—Grayscale won a lawsuit against the SEC!
For SOL's ETF to be approved, a legal challenge would need to force the SEC to reconsider its stance. However, it's important to note that $SOL is a very mature and robust public blockchain. It has the potential to perform well even without an ETF.
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