🚨🚨 $SOL Sol Spot ETF possibility:
> SEC currently considers SOL an unregistered security and No SOL CME Futures exists.
> May depend on a new administration in the White House and SEC. Unlikely with Gary Gensler.
> Low inflows to ETH ETFs this year may indicate even lower potential for SOL ETFs.
> Timing in case: not before 2025 — If a 19b-4 filing was made today, the deadline would be around mid-March 2025: BBG etf analyst, James Seyffart