Approval of Solana ETFs Might Not Follow Ethereum

Krutika Adani

Solana ETF Speculations

After the approval and nearing launch of Ethereum ETFs, speculation on upcoming Solana ETFs has taken a new high.

Raised Expectations

The approval and launch of Ethereum ETFs have ensured the approval of Solana ETFs, which otherwise seemed to be a distant reality.

List of ETF Applicants

To date, there have been two Solana ETF applications, one from 21Shares and the other from Bitwise.

Expected Date

Experts predict the approval of Solana ETFs to come in 2025, as US elections have been scheduled for late 2024.

Impact on Solana’s Price

If Solana ETFs have the same impact on SOL as Ethereum ETFs had on ETH, we can expect a 25% to 33% rise in Solana's prices.

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