The ETF Store President: New Spot Cryptocurrency ETF Listing Unlikely Under Current Administration

According to ChainCatcher, Nate Geraci, president of The ETF Store, recently stated on X that, beyond political factors, it is challenging to foresee any new spot cryptocurrency ETFs being approved under the current government.Given the prevailing environment, there seems to be little indication that a spot ETF for assets like Solana or XRP will be launched within the next year or two. The outcome of the November election could play a key role in determining whether this scenario changes, for better or worse.