Mike Novogratz, CEO of Galaxy Digital, said that it is not ruled out that the Securities and Exchange Commission (SEC) may allow the issuance of crypto ETFs investing in Solana (SOL) in the United States in the medium term. Novogratz said that institutional investors will be willing to use this tool to enter counterfeit products, which are considered to be one of Ethereum's main competitors. In addition, GSR expects SOL rates to strengthen several times after ETFs are issued. A spot Solana-ETF is likely to be launched after Donald Trump enters the White House. The politician has often publicly supported moves to develop the US cryptocurrency market recently. Analysts recall that Bitcoin was trading at $23,000 in October, when experts first allowed issuing spot funds to invest in the largest cryptocurrency. Since then, the value of BTC has increased by 130%. GSR analysts believe that Solana could follow a similar path.