The United States has only approved ETFs for Bitcoin and Ether, versus some 30 digital asset types in Europe, according to the Financial Times.
The odds of a Solana (SOL) exchange-traded fund (ETF) listing in the United States before the end of 2025 are “overwhelmingly high,” Matthew Sigel, VanEck’s head of digital asset research, said on Nov. 15.
Sigel expects the US Securities and Exchange Commission to approve more proposed cryptocurrency products after crypto-friendly Donald Trump’s Nov. 5 presidential election win.
“We would expect the SEC to approve more crypto products than they have in the past 4 years,” Sigel said in an interview with the Financial Times.
