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Analyst: The demand for SOL ETFs may be high, but the SEC's tough stance will be a huge obstacle

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2024-05-23 02:34:08
On May 23rd, Bloomberg ETF analyst James Seyffart wrote in X that in addition to BTC and ETH, the demand for SOL ETFs may be greater than other digital assets, but the problem is that the SEC's attitude towards SOL is completely different from that of ETH. In previous lawsuits against Coinbase, Kraken, and other companies, the SEC has bluntly stated that "Solana (SOL) is a security", which may make the ETF road of SOL very bumpy.
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