Waiting for SEC Response, Analyst: Could Launch in 2025..

$SOL

While this filing marks an encouraging development, it remains to be seen how the SEC will respond to this new proposal.

An analyst, James Seyffart, believes that the Solana ETF could be approved by the SEC and start trading in 2025.

“This is the first SOL ETF filing in the US, it will be interesting to see if other issuers soon follow suit. "There is a chance this ETF will launch in 2025 with a new administration and new officials at the SEC," said James Seyffart, ETF analyst from Bloomberg at X.#marketdownturn #CryptoExplorerFiesta #Binance #TipsTradingFutures