Nate Geraci, president of The ETF Store, said: "I believe there is a high probability that the Solana ETF will be approved by the end of next year at the latest. The SEC may currently be in contact with the issuer about the product, which is obviously a positive sign." Given that industry leaders such as Bitwise have already submitted applications one after another, Alexander Blume, CEO of Two Prime Digital Assets, also agreed with this view. "If they don't have a good feeling of success, they won't waste time and money doing it," Blume said that the success and precedent of spot Bitcoin and spot Ethereum ETFs, coupled with a more friendly management and regulatory environment for cryptocurrencies, will lead to the launch of the SOL ETF within the next year. (TheBlock)
