Bloomberg's Eric Balchunas reports that Solana's ETF is poised for approval, with regulatory developments leaving only S-1 filings as the final step before launch.
Bloomberg ETF analyst Eric Balchunas now places the chances of Solana's ETF approval at 100%, following the SEC's updated listing standards. He noted that the only remaining step is the formal approval of S-1 filings, with Solana's ETF having already submitted its fourth amended application. This marks a pivotal moment in the broader trend of accelerating cryptocurrency ETF approvals.