News View Non-AMP

VanEck Head Of Digital Asset Say Solana ETF Will Be Approved by 2025

Published by
Mustafa Mulla

After the success of Bitcoin and Ethereum exchange-traded funds (ETFs), many crypto enthusiasts are wondering if Solana could be the next big cryptocurrency to get its own ETF. According to Matthew Sigel, head of digital asset research at VanEck, the chances of a Solana ETF being approved are “overwhelmingly high,” with the changing political landscape in favor of cryptocurrencies.

Solana ETF Approval By 2025

Speaking with the Finаnciаl Timеs, Mаtthеw Sigеl has shown robust confidence in the possibility of a Solana ETF being approved soon. He stated that “the chances of this happening by 2025 are “overwhelmingly high.”

This prediction is a major change from the past few years, where the Biden administration’s strict regulatory stance held back crypto products. Sigel believes that recent political change will likely make the way for a Solana ETF to be approved by late 2025. 

As VanEck and 21Shares take the lead in Solana ETF filings in 2024, excitement is building around the possibility of a Solana ETF

Blackrock Disagree!!!

However, not everyone agrees. Robert Mitchnik, head of digital assets at BlackRock, says the company isn’t interested in anything beyond Bitcoin and Ethereum, showing a more cautious approach to other cryptos like Solana. 

But with growing confidence and changing politics, the chances of a Solana ETF have never looked better!

Solana ETF Gets Hopes Under Trump Presidency

The idea of a Solana ETF has gained even more attention with the speculation that Donald Trump’s return to office could result in a less restrictive regulatory environment for crypto. If this happens, the approval of a Solana ETF could become a reality sooner than expected.

Experts like Matt Hougan from Bitwise Asset Management say Trump’s election could transform the crypto landscape. If these changes happen, the path could be easier for digital assets like Solana, XRP, and Litecoin to thrive.

Gensler Could Resgin Soon

However, rumors are growing that SEC Chairman Gary Gensler might resign soon, possibly after Thanksgiving and before Trump’s inauguration. 

Many in the crypto world have criticized Gensler’s strict rules, saying they’ve held back the growth of crypto products like ETFs. If he steps down, it could bring new leadership and create a friendlier environment for crypto innovation.

Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Recent Posts

World Liberty Announces Strategic Acquisition of Official Trump ($TRUMP) and the Closure of Trump Meme Wallet

Eric Trump, the Executive Vice President of the Trump Organization, has announced a strategic partnership…

June 7, 2025

Top Layer 2 Tokens Set to Rise Once Ethereum (ETH) Price Reaches $3000

Layer 2 tokens often derive their value from the Ethereum ecosystem, as they rely on…

June 7, 2025

Gemini Takes Step Toward IPO in Confidential Filing: Crypto IPOs Heat Up

Gemini Space Station, Inc., a well established cryptocurrency exchange by the Winklevoss brothers, has filed…

June 7, 2025

What is the Best Cryptocurrency to Invest in Now? Deep Dive into the Top Crypto to Buy Today for 2025 Bull Run

As the crypto market gains momentum heading into mid-2025, investors are wondering what is the…

June 6, 2025

Exabits’ RWA Approach To Tokenized GPU Power Democratises AI Cloud Computing Ownership

The Titans of AI are forging the future. With billions poured into the industry, where…

June 6, 2025

Apertum Designated a Key General Blockchain in Avalanche’s Tier-1 Ecosystem

Apertum has been officially designated as a key general blockchain within the Avalanche ecosystem —…

June 6, 2025