According to Odaily Planet Daily, Bloomberg ETF analyst Eric Balchunas said in an interview with CoinDesk that whether the SOL ETF can be passed next year depends on whether the government changes.

Eric further stated: “Gensler will not stay, and the government will not choose Gensler 2.0. If the Republicans take over, anything is possible, especially since Trump has been building some kind of relationship with these people and achieving some kind of breakthrough.”