Matthew Sigel, VanEck’s head of digital asset research, believes that the chances of a Solana exchange-traded fund (ETF) being approved and listed in the United States before the end of 2025 are extremely high.
Sigel expects the US Securities and Exchange Commission (SEC) to adopt a more favorable stance towards cryptocurrency products following the recent presidential election.
This shift in regulatory sentiment could pave the way for the approval of multiple proposed crypto ETFs, including those focused on Solana.