US Securities and Stock Exchange Committee (SEC) Recognized Solana Etf recently suggested by Canary Capital.
This comes after SEC also confessed to depositing the Grayscale Solana ETF earlier this month.
Franklin Templeton has also recorded a new entity in Dilayer, indicating that he is likely to prepare to join the Solana ETF race in the near future.
like It was mentioned by u.todayVANECK was the first to suggest Solana Etf again in June. Since then, many other exporters have followed her example.
Bloomberg analysts currently sees a 70 % opportunity to adopt such a product. Last December, SEC refrained from approving Solana ETF files. However, the industry hopes that the new administration will be more open to the idea of agreeing to more investment funds circulating in Altcoin after cleaning the investment funds circulated last summer last summer.
As U.today, Blackrock, the largest ETF player, mentioned that he will not explore Solana ETF.
The unconfirmed organizational state of Sol symbol appears to be the main obstacle on the way of approval. It should be noted that the distinctive symbol has been called repeatedly as security in many SEC lawsuits.
The Sol price has now decreased by 3.1 % despite the recent recognition.
