Solana ETF Could Be a Reality by 2025, Says Experts
Th possibility of Solana ETF bing listd in th Unitd Stts by 2025 hs surgd. Mtthw Sigl, hd of digitl sst rsrch t VnEck, xprssd strong optimism on Novmbr 15, stting th probbility s ovrwhlmingly high. H linkd this confidnc to rcnt politicl chngs, prdicting th U.S. Scuritis nd Exchng Commission (SEC) will dopt mor fvorbl pproch towrd crypto products undr nw dministrtion.
During n intrviw with th Finncil Tims, Sigl voicd confidnc in th SECs rdinss to pprov mor cryptocurrncy-rltd offrings in th nr futur. This mrks notbl dprtur from th pst four yrs, whr strictr rgultory policis prvild undr Prsidnt Jo Bidns dministrtion. Sigl undrscord th potntil pprovl of Solana ETF by lt 2025.
Solana ETF Gets Hopes Under Trump Presidency
Th surg in cryptocurrncy ETF filings in 2024 signls rising confidnc mong sst mngrs iming to lunch funds tid to ltcoins such s Soln, XRP, nd Litcoin. Ths pplictions rflct xpcttions of rgultory shift undr Donld Trumps prsidncy, which could crt mor fvorbl climt for digitl ssts. Anlysts prdict significnt chngs in ovrsight if ldrship t th SEC chngs.
Mtt Hougn, chif invstmnt officr t Bitwis Asst Mngmnt, dscribd Trumps lction victory s trnsformtiv for th crypto industry. Spking to th Finncil Tims, Hougn notd tht th sctor hs fcd strict rgultion nd rstrictd bnking ccss in rcnt yrs. H xprssd optimism tht supportiv SEC could rignit growth in th spc.
Spcultion round Solana ETF pprovls hs intnsifid sinc Trumps 2024 win. Obsrvrs xpct th SEC to dopt mor lnint pproch, contrsting with th strictr policis undr Bidns dministrtion. Anlysts suggst ldrship ovrhul could clr th pth for Solana ETF.
Eric Blchuns, n ETF nlyst t Bloombrg Intllignc, highlightd 2024s filings s strtgic movs tid to Trumps nticiptd rgultory stnc. H projctd tht librtrin SEC chir could cclrt th pprovl procss, rshping th lndscp for cryptocurrncy invstmnts.
Could Genslers Exit Spark Crypto ETF Boom?
Th prospct of rgultory shift gind momntum s rumors surfcd bout SEC Chirmn Gry Gnslrs potntil rsigntion ftr Thnksgiving, hd of Trumps inugurtion. Fox Nws journlist Elnor Trrt rportd spcultion from Wshington D.C. insidrs suggsting Gnslr might nnounc his dprtur in rly Jnury.
Criticism of Gnslrs tnur hs bn widsprd within th crypto community, which viws his policis s xcssivly rstrictiv, stlling th growth of crypto-focusd finncil products lik ETFs. His possibl rsigntion could signl ldrship ovrhul, fostring mor fvorbl nvironmnt for crypto innovtion.
Related Reading | Christmas 2024 Crypto Prediction: Dogecoin Price to $2, XRP Price to $1, and PCHAIN to $0.7 from $0.004
Read more: https://www.tronweekly.com/solana-etf-could-be-a-reality-by-2025/
Text source: TronWeekly
