The launch of a Solana (SOL) exchange-traded fund (ETF) in the United States could face significant delays, with analysts predicting approval might not come until 2026. Despite a more crypto-friendly environment under President-elect Donald Trump, regulatory hurdles remain a major obstacle.
SEC Lawsuits Complicate Approval Process
According to Bloomberg analyst James Seyffart, the SEC’s ongoing lawsuits against crypto exchanges—which claim that Solana qualifies as an unregistered security—create a major roadblock. Until the SEC clarifies Solana’s classification, it cannot be considered for

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