Solana ETFs may take until 2026: Bloomberg Intelligence
With lawsuits still pending over Solana’s classification as a security, SOL ETFs will likely have to wait until next year for their debut.
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With lawsuits still pending over Solana’s classification as a security, SOL ETFs will likely have to wait until next year for their debut.
The ETF aims to give investors exposure to a diverse basket of cryptocurrencies such as SOL, XRP and ADA, among others.
Steno Research analysts predict that Bitcoin ETFs could see an estimated $48 billion in net inflows during 2025.
The Bitcoin Act’s passage could eventually send BTC’s price past $1 million per coin, industry executives say.
Steno predicts Bitcoin at $150,000 and Ether at $8,000, setting the stage for an altcoin season in 2025.
They still lag BTC ETFs, which closed out 2024 with upwards of $35 billion in net inflows.
The iShares Bitcoin Trust brought in more than $37 billion in net inflows since launching in January, according to Farside Investors.
Inflows into crypto exchange-traded funds are a key driver of price performance, the asset manager said.
The ETF, which Grayscale spun off from its older Grayscale Bitcoin Trust, now holds around $4 billion in assets.
On Dec. 16, US spot and derivative Bitcoin ETFs collectively broke $129 billion in net assets, surpassing gold ETFs for the first time.
