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Futures
Futures
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Launchpool
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Hold GT and get massive airdrops for free
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Alpha Points
NEW
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Futures Points
NEW
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VIP Wealth Hub
Customized wealth management empowers your assets growth
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Quant Fund
Top asset management team helps you profit without hassle
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Smart Leverage
NEW
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GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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Activity Center
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20 USDT
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Gate Blog
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The progress in the Solana ETF application process this week has seen significant advancements. Investment giants VanEck and 21Shares have taken big steps by submitting Form 19b-4 to the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) for Solana (SOL). This step is crucial in obtaining approval for the application.
However, according to Bloomberg Analyst Eric Balchunas, the success of this proposal depends on the upcoming presidential election in November. He believes that the results of the US presidential election can affect the approval chances, with Biden's victory potentially reducing those chances and Trump's victory possibly increasing them. Just for your information, the deadline for Solana ETF is in mid-March 2025.
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