Golden Finance reported that Nate Geraci, president of The ETF Store, posted on the X platform that the SEC no longer considers tokens such as SOL as securities, which will not change or improve the chances of SOL spot ETF approval. This is correct. The approval of SOL spot ETF still requires one of the following conditions: SOL futures traded on CME have a sufficiently long trading record (possibly the longest path); A comprehensive cryptocurrency regulatory framework (a long path); Changes in administrative management (the fastest path).