VanEck’s Head of Digital Assets, Matthew Sigel, announced that Solana ETFs could debut on Wall Street sooner than expected. This statement contrasts with BlackRock executives, who are hesitant about pursuing more crypto ETFs.
During an interview, Sigel emphasized that Solana ETFs would not be alone, citing Europe’s diverse crypto ETP market. He remains optimistic about regulatory changes, especially after recent SEC amendments.
Despite Solana’s small market cap share, analysts predict its price could exceed $200 by year-end. However, the upcoming US elections may delay ETF approvals.
