The ETF Store President: The Solana ETF is expected to be approved by the end of next year at the latest

ChainCatcher news, The ETF Store President Nate Geraci stated: "I believe the likelihood of a Solana ETF being approved by the end of next year is very high. The SEC is likely currently in discussions with issuers about this product, which is clearly a positive signal."

Given that industry leaders like Bitwise have already submitted applications, Two Prime Digital Assets CEO Alexander Blume also agrees with this view. "If they didn't have a good feeling about being successful, they wouldn't waste time and money doing this," Blume said, adding that the success and precedent set by spot Bitcoin and spot Ethereum ETFs, along with a more crypto-friendly regulatory environment, will lead to the launch of a SOL ETF within the year.