đšđșđž VanEckâs Confirms That Trump Must Win For Solana ETFs To Be Approved đš
VanEckâs Mathew Sigel has confirmed the speculation that the companyâs Solana spot ETF proposal bets on Trumpâs victory.
The analysts have said that the approval odds for each ETF are ânear zeroâ if a Democrat victory leaves Joe Biden in the office and âbetter, but not guaranteedâ if Trump wins the election.
Trump will likely appoint a new SEC chair to replace the current chair, Gary Gensler. The deadline for VanEckâs application is set for March 2025 which puts it after the outcome of the US Presidential elections in November.
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