#保护你的资产 Regarding the approval of SOL's ETF, Canada has taken the lead by approving a spot ETF on April 15, 2025, while the United States is facing delays due to the SEC categorizing SOL as a 'security' and the lack of a regulated futures market, with approval expected only in 2026. The Solana ecosystem is developing well but has supply volatility risks, and the probability of short-term approval in the U.S. is low due to regulatory classification and futures market conditions.