Bloomberg analyst: VanEck's solana ETF application is a call option for the November election
2024-06-28 23:42:42
Bloomberg etf analyst james seyffart 21shares become second homedesk3cryptocurrencydesktopCrypto News
Bloomberg ETF analyst James Seyffart said in an interview before 21Shares became the second solana applicant, I think the VanEck application is a call option for the November election, and under the current SEC management - based on years of approval and denial orders for crypto ETFs - the solana ETF should be rejected because there is no federally regulated futures market. But a new administration in the White House and a new SEC administration that is more willing to abide by crypto policies could change that.
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