Solana ETF approvals are extremely unlikely this year, though VanEck’s head of digital assets, continues to believe in them.
United States Solana exchange-traded funds (ETFs) have a “near-zero” chance of getting greenlit under the current administration after the regulator reportedly rejected a filing necessary for their approval.
“A snowball’s chance in hell of approval unless there’s a change in leadership,” said Bloomberg ETF analyst Eric Balchunas in an X post on Aug. 20.
Only days earlier on Aug. 16, reports emerged that Cboe had removed the 19b-4 filings for two prospective Solana ETFs from its website’s “Pending Rule Changes” page.
