Bloomberg ETF analyst Eric Balchunas said on X that a spot Solana ETF “can come any day now.” Bitcoin surged over 60% around its ETF approval in January 2024, while Ethereum gained nearly 50% before its own launch in May 2025. Will Solana follow the same path? Let’s examine. Bitcoin (BTC) gained more than 60% amid ETF approval speculation, but when it was finally approved in January 2024, the price climbed further to a new all-time high above $73,000 by March. ETF inflows reinforced the rally, with hundreds of millions of dollars entering spot Bitcoin ETFs on peak days.