#SOLETFsOnTheHorizon Major financial institutions like VanEck and Bitwise have filed applications to create an ETF for Solana, indicating growing interest in the potential of SOL. Approval of such an ETF could increase SOL’s liquidity and trading volume, potentially boosting its price and strengthening Solana’s legitimacy in the cryptocurrency market. 

Thus, investors are closely watching the SEC’s decision, as ETF approval could significantly impact Solana’s future.