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Dragonfly Capital Partner: The SEC has made it clear that SOL is a security and will not waive this decision

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2024-06-27 16:29:42
Hasseb Qureshi, partner at Dragonfly Capital, said SOL ETF approval was unlikely, arguing that VanEck's filing for a SOL ETF could simply be "buying goodwill" to lay the groundwork for a congeneric product, since the Securities Exchange Commission has made it clear that SOL is a security and regulators will not back down from that decision.
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