Spot Bitcoin’s arrival in the United States has undoubtedly changed the game for the entire industry. The market has also seen a move from Ethereum, which is on its way to approval. Could Solana be the next To receive an asset, you must follow their steps. own What is ETF spot?
This digital asset is a great way to get started. financial Matrixport’s co-founder has been replaced. Daniel YanA recent statement by a SOL advocate suggests that SOL may be able to help. next In line. He noted, in fact, that Solana could benefit significantly from Ethereum ETF approval.
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Solana, the Next Cryptocurrency to get an ETF
All of the industry seems to be talking about the arrival in the United States of a Spot Ethereum ETF. Like they did when Bitcoin received approval, everyone was looking at what would be. next. What specific asset might be on the verge of being approved as a comparable investment product?
Daniel Yan, Matrixport’s co-founder, believes that Solana could be the next Bitcoin or Ethereum. own ETF. Yan also discussed ETH in a recent post on X (formerly Twitter). He also gave his opinion that Solana was the best investment.
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Yan emphasized that “SOL will be the No. 1 next in line if [the] ETH ETF gets approved.” The approval of Ethereum ETFs appears more probable than not at this stage. Bloomberg Recently, the odds of its approval have increased to an impressive 75%.
Solana’s benefit from Ethereum discussion over last few days is undeniable. According to a report by Reuters, the cryptocurrency’s value has increased more than 23 percent in just seven days. CoinMarketCap. A SOL-specific ETF does not seem out of reach, especially with the recent surge in the popularity of SOL.
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Source: watcher.guru