President Biden said he will not run for president again in 2024. This might affect the chances of a new type of investment called a "Solana ETF" being approved. Solana is a type of digital money, and an ETF is a way for people to invest in something without buying it directly. Some people think that if a different person becomes president, the chances of the Solana ETF being approved might be higher. This is because the person who leads a group called the SEC might change, and that person can decide if the Solana ETF is allowed or not.
Some people are excited about Solana because it has been growing in value quickly, even more than other types of digital money like Bitcoin and Ethereum. They hope that the Solana ETF will be approved so they can invest in it more easily.
There will be a big event in November called the "Future of Digital Assets" where people who work with digital money will talk about what's happening and what might happen in the future. This event might help people understand how the changes in the president and the SEC leader might affect the Solana ETF and other things in the world of digital money.
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