TechFlow news — Wintermute founder and CEO Evgeny Gaevoy stated on X that the likelihood of SOL ETF approval this year is virtually zero, adding that it's unrealistic to expect the Trump administration to prioritize it.
He noted that while Wintermute has long supported SOL and ETH, overhyping should be avoided, as cryptocurrency adoption takes time. Gaevoy also mentioned that even if ETH ETFs are approved, inflows would be minimal, suggesting that any potential SOL ETF would see even less capital inflow.
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