Bitwise CIO predicts that SOL is expected to usher in an epic rise at the end of the year, and multiple spot ETFs will boost the market situation

According to BlockBeats, on September 10, Bitwise Chief Investment Officer Matt Hougan said in a latest memo to clients that SOL is expected to perform strongly by the end of the year, with ETF capital inflows and corporate treasury purchases driving upward trends similar to BTC and ETH. A relatively small amount of capital inflows in Solana may significantly boost prices in the next few months, and is expected to usher in an epic upward trend at the end of the year. "Matt Hougan believes that Solana is now meeting the same conditions as Bitcoin and Ethereum ETFs after passing, and is expected to follow this path and usher in a surge. Several issuers — including Grayscale, VanEck, Franklin Templeton, Fidelity, Invesco/Galaxy, Canary Capital, and Bitwise itself — have filed spot Solana ETF applications in the U.S., and the Securities and Exchange Commission (SEC) is expected to make a decision by October 10 to push multiple Solana spot ETFs to list in the fourth quarter.