ChainCatcher message, The ETF Store President Nate Geraci stated on X: "Setting aside political factors, it is hard to imagine any new spot cryptocurrency ETFs being launched under the current government administration. Given the current situation, there are no signs that Solana or XRP spot ETFs are likely to be launched in the next year or two. Whether this is good or bad may depend on the elections in November."

ChainCatcher news, ETF Store President Nate Geraci tweeted that there may be new developments regarding the S-1 approval for the Ethereum spot ETF this week. This is because the issuer submitted revised content a week ago. "In my opinion, there isn't that much work to be done."Previously, Nate Geraci accurately predicted that the SEC would approve the 19b-4 filing for the Ethereum spot ETF.