PANews reported on September 10th that, according to The Block, Bitwise Chief Investment Officer Matt Hougan stated in a recent memo to clients on Tuesday evening that all elements are in place for Solana to stage an epic rally by year-end; the combination of inflows from exchange-traded products and corporate treasury purchases will drive the arrival of a "Solana season" and bring rich returns. Hougan stated that multiple issuers, including Grayscale, VanEck, Franklin Templeton, Fidelity, Invesco/Galaxy, Canary Capital, and Bitwise itself, have applied for spot Solana ETFs in the United States. The SEC is expected to make a decision before October 10th, and the fourth quarter may see the launch of multiple ETFs.PANews reported on September 10th that, according to The Block, Bitwise Chief Investment Officer Matt Hougan stated in a recent memo to clients on Tuesday evening that all elements are in place for Solana to stage an epic rally by year-end; the combination of inflows from exchange-traded products and corporate treasury purchases will drive the arrival of a "Solana season" and bring rich returns. Hougan stated that multiple issuers, including Grayscale, VanEck, Franklin Templeton, Fidelity, Invesco/Galaxy, Canary Capital, and Bitwise itself, have applied for spot Solana ETFs in the United States. The SEC is expected to make a decision before October 10th, and the fourth quarter may see the launch of multiple ETFs.

Bitwise CIO: With ETF approval and corporate capital purchases, the "Solana season" is coming

2025/09/10 20:00
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PANews reported on September 10th that, according to The Block, Bitwise Chief Investment Officer Matt Hougan stated in a recent memo to clients on Tuesday evening that all elements are in place for Solana to stage an epic rally by year-end; the combination of inflows from exchange-traded products and corporate treasury purchases will drive the arrival of a "Solana season" and bring rich returns. Hougan stated that multiple issuers, including Grayscale, VanEck, Franklin Templeton, Fidelity, Invesco/Galaxy, Canary Capital, and Bitwise itself, have applied for spot Solana ETFs in the United States. The SEC is expected to make a decision before October 10th, and the fourth quarter may see the launch of multiple ETFs.

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