Evgeny Gaevoy, founder and CEO of Wintermute, said on the X platform that the chances of the SOL ETF being approved this year are almost nil (wishful thinking that this will become a priority for the Trump administration is rather foolish). Wintermute is a long-time supporter of SOL and ETH, but it should not be overhyped. Just be realistic. Adoption of cryptocurrencies takes time. Once you really see the inflow of funds into the ETH ETF, you will understand that even if the SOL ETF is approved, there will be less inflows. Previously, it was reported that asset management agency VanEck submitted the first Solana ETF application document in the United States.