Political uncertainty is a significant barrier to Solana ETF approval.

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Political uncertainty is a significant barrier to Solana ETF approval.

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There's no ETF price action for solana without a solana ETF. And the asset hasn't checked the all-important box of having traded for years in a federally regulated futures market, as bitcoin and ether (widely expected to soon have its own ETF) did. That means it's years away from launch under the current playbook.

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Solana ETF approval feasibility