“Given that CME-traded solana futures don’t currently exist, it seems the only viable path for spot solana ETF approval would be the implementation of a legitimate crypto regulatory framework that clearly defines which crypto assets are securities versus commodities – or for the SEC to agree with solana being designated as a non-security commodity,” said Nate Geraci, president of the ETF Store, an investment advisory firm.
Solana (SOL) ETF Applications Look Like Bets on Trump Retaking White House, Making U.S. Friendlier to Crypto
