Grayscale has filed with the SEC to launch Litecoin and Solana ETFs, as well as other cryptocurrency-related products.
Several companies, including #Grayscale , VanEck, 21Shares, Bitwise and Canary Capital, have also filed to launch dotcom #Solana ETFs. Nate Geraci, president of
#ETF optimistic about the timing, reflecting broader market sentiment.
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Many in the industry believe that potential changes in the U. S. administration and SEC guidance will help create a more favorable regulatory environment for #cryptocurrency ETFs.
Polymarkets currently estimates the probability of Solana ETF approval in 2025 at 77%, which has investors enthusiastic. Approval is expected to be a major catalyst for price appreciation, the impact of which some argue is not yet fully reflected in Solana's market valuation.
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