Bloomberg’s ETF analyst Eric Balchunas, one of the important media organizations in the financial world, said that the US presidential elections are very important for Solana ETFs. Stating that he thinks the deadline for Solana ETFs will be March 2025, Balchunas said:

“Looks like Solana ETFs are going to have a final deadline of mid-March 2025. But between now and then the most imp date is in November. If Biden wins, these likely DOA. If Trump wins, anything poss.”

“My best guess for date I’d go with July 18th”

Balchunas, who also shared his prediction about Ether spot ETFs that have not opened for trading, pointed to next week:

“The SEC asked for the S-1s on July 8th but told issuers the fee wasn’t nec yet. They will give guidance back to issuers soon along with the game plan. Then the docs come will come back with fees (and every other blank) filled it and then it’s Go time. We don’t have a new over/under launch date yet because we haven’t heard what the SEC’s game plan is. Hope to hear soon. But if you forced me gun to head style to give my best guess for date I’d go with July 18th.”