Nate Geraci, president of The ETF Store, said online reports: "I believe there is a high probability that the Solana ETF will be approved by the end of next year at the latest. There is news that the U.S. Securities and Exchange Commission is now in contact with the issuer of the product, which is obviously a positive signal." Alexander Blume, CEO of Two Prime Digital Assets, also pointed out that if the applicant does not believe that the Solana ETF can be approved, it will not waste time and money to do so. The success and precedent of the spot Bitcoin and spot Ethereum ETF, coupled with a more friendly management and regulatory environment for cryptocurrencies, will lead to the launch of the SOL ETF next year.