|Election Coverage 2024

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Solana ETF Applications Look Like Bets on Trump Retaking White House, Making U.S. Friendlier to Crypto

VanEck and 21Shares' applications seem doomed under the Biden administration. But they include a deadline that lapses when Trump would be in office, if he wins the presidency in November.

By Helene Braun|Edited by Nick Baker

Updated Jun 28, 2024, 4:59 p.m. Published Jun 28, 2024, 4:45 p.m.

Donald Trump's recent crypto embrace means solana ETFs might have a shot if he becomes president again. (Justin Sullivan/Getty Images)