Bloomberg Analyst: The probability of Solana ETF getting approved before October 10, 2025 is 70%
ChainCatcher News, Bloomberg's digital asset analyst James Seyffart and senior ETF analyst Eric Balchunas have publicly released their approval probability predictions for four cryptocurrency ETF applications, including the highly anticipated Solana ETF.
According to Bloomberg analysts' assessment, Solana has a 70% chance of officially entering the traditional financial market before October 10, 2025 (the final decision deadline of the U.S. Securities and Exchange Commission SEC). The reason why Seyffart and Balchunas are optimistic is because the SEC has recently formally accepted Grayscale's submission of a 19b-4 application, a key development that was never achieved under former SEC Chairman Gary Gensler.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Fed Chair Powell: quantitative easing to be used only when rates are at zero
Two giant whales withdraw another 49,250 ETH from two CEXs, or about $131 million
Fed Chair Powell: By law, president can't remove Fed governors
Trending news
MoreCrypto prices
More
