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

Odaily Planet Daily Report: VanEck's digital asset research director Matthew Sigel said: "It is the SEC under the leadership of Gary Gensler that has broken the long-standing tradition of rule-oriented regulation and turned to enforcement for regulation. Restoring the usual disclosure-based system will create more room for innovation in this field... I believe that by the end of next year, the possibility of a Solana ETF being listed and traded is extremely high." In an article on X, Austin Reid, the global revenue manager of cryptocurrency brokerage FalconX, said: "The launch of the Solana ETF will be an important milestone for the Solana ecosystem, and will also mark a major transformation in the entire cryptocurrency industry. In addition to the 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)