The introduction of Solana ETFs (Exchange Traded Funds) is currently in the spotlight of the financial world. Matthew Sigel, head of Digital Asset Research at VanEck, expressed the expectation that a Solana ETF will be approved and listed by the end of 2025. Similarly optimistic was Nate Geraci, president of The ETF Store, who also anticipates approval by the end of 2025 at the latest.
However, there are also cautious voices. Samara Cohen, CIO of BlackRock, emphasized that there is currently no interest in introducing a Solana ETF, as no other crypto asset besides Bitcoin and Ethereum meets the required criteria.
The regulatory landscape plays a crucial role in this. The Chicago Board Options Exchange (CBOE) recently withdrew applications for a Solana ETF at the recommendation of the US Securities and Exchange Commission (SEC), underscoring the uncertainty regarding the approval of such financial products.
Nevertheless, political developments in the US could change the dynamics. With the election of Donald Trump and the expected appointment of a more crypto-friendly SEC chair, industry experts are hopeful for a loosening of existing restrictions, which could facilitate the introduction of crypto ETFs, including Solana.