VanEck Research Director: Solana ETF is highly likely to be listed by the end of next year

Matthew Sigel, head of digital asset research at VanEck, said: "It was the SEC under Gary Gensler that broke with the long-standing rule-oriented tradition and turned to regulation through enforcement. Restoring the usual disclosure-based system will create space for more innovation in the field... I think it is highly likely that the Solana ETF will be listed for trading by the end of next year." Austin Reid, global revenue director of cryptocurrency prime brokerage FalconX, said in an article on X: "The launch of the Solana ETF will be an important milestone for the SOL ecosystem and a major shift for the entire cryptocurrency industry. In addition to new single-asset funds, regulatory clarity will pave the way for actively managed products and new basket ETFs, both of which will unlock new institutional liquidity channels." (The Block)