Blockchain
Solana (SOL) ETF Applications Look Like Bets on Trump Retaking the White House, Making the U.S. More Crypto-Friendly
“Given that there are currently no solana futures traded on the CME, it appears that the only viable path to approval of the solana spot ETF would be for a legitimate cryptocurrency regulatory framework to be implemented that clearly defines which crypto assets are securities and which are commodities, or for the SEC to agree to solana being designated as a non-securities commodity,” said Nate Geraci, president of ETF Store, an investment advisory firm.