Solana ETF On BlackRock's Agenda? Expert Debunks Rumor


17 Nov 2023 3:00 PM

Recent discussions in the crypto community have centered around the possibility of BlackRock, the world's largest asset manager, filing for a Spot Solana...

  • Recent discussions in the crypto community have speculated about the possibility of BlackRock filing for a Spot Solana Exchange-Traded Fund (ETF).
  • Bloomberg analyst James Seyffart has debunked these rumors, citing regulatory hurdles.
  • Industry experts are skeptical about the potential for a Solana ETF from BlackRock.
  • The SEC's recent classification of Solana as an unregistered security adds another layer of complexity.

The sentiment in the article is mostly negative, as it highlights the skepticism and regulatory hurdles surrounding the possibility of a Spot Solana ETF from BlackRock.

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You May Ask

What has fueled the speculation about BlackRock filing for a Spot Solana ETF?Who debunked the rumors about a potential Solana ETF from BlackRock?Why does Bloomberg analyst James Seyffart believe a Spot Solana ETF has no real chance of being approved anytime soon?What is the significance of a regulated futures exchange like the CME Group in the approval of an ETF?Why is an ETF more crucial for Bitcoin than other cryptocurrencies, according to Matt Hougan?

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