Krutika Adani
Rumors of a new SEC leadership team have fueled hopes for a spot Solana ETF, marking a potential turning point for the crypto market.
Matthew Sigel, VanEck’s Head of Digital Asset Research, predicts that a Solana ETF will be approved by 2025, which could revolutionize the market.
Solana’s regulatory status remains uncertain, with its classification as a commodity or security critical to the ETF’s approval.
Experts suggest that a spot Solana ETF could see $SOL outperform $ETH within the initial months of its launch, sparking investor excitement.