As the 2024 US presidential election nears, speculation arises about altcoin exchange-traded funds (ETFs), especially for Solana (CRYPTO:SOL), contingent on Donald Trump's potential victory.

Despite recent SEC approvals for Ethereum (CRYPTO:ETH) ETFs, uncertainty looms over Solana's ETF prospects.

Institutional interest in Solana is rising, with significant assets held in European exchanges, but US regulatory challenges persist.

Analysts suggest that a Trump win could lead to a more favorable environment for altcoin ETFs, potentially prompting a flood of new applications, although approval timelines may remain stringent under any administration.