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In late October 2025, the crypto world witnessed a historic moment. Solana (SOL) broke through the final regulatory hurdle, becoming the third crypto asset, after Bitcoin and Ethereum, to receive approval for a spot exchange-traded product (ETP) in the United States. This is more than just boring news of “yet another ETF approved.” Its approval process was dramatic, its product design was ingenious, and the market reaction it triggered left countless traders stunned. For those of us in the crypto industry, the launch of the Solana ETF is not the end of a story, but the beginning of something full of “insider information” and new opportunities. 01 Wall Street “Civil War” The birth of the Solana ETF was highly unusual. It didn’t originate from a public vote and enthusiastic press…# Analysis# Exchange# MarketPre
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- Original source: Wall Street News As the Bank of Japan