A possible crypto 'SOL' spot ETF was discussed on CNBC

According to Bloomberg ETF analyst James Seifat, several panelists on CNBC discussed the possibility of a Solana (SOL) spot ETF following the approval of an Ethereum (ETH) spot ETF. “I think there is a higher probability of a spot ETF for SOL than for other cryptocurrencies if there is a...

blockchain crypto cryptocurrency solana sol spot etf incoming (Spoted Crypto)

According to Bloomberg ETF analyst James Seifat, several panelists on CNBC discussed the possibility of a Solana (SOL) spot ETF following the approval of an Ethereum (ETH) spot ETF. “I think there is a higher probability of a spot ETF for SOL than for other cryptocurrencies if there is a CFTC-regulated futures market,” Seifat said. “However, the SEC has made it clear in its lawsuits against Coinbase, Kraken, and others that SOL is a security. If there is a spot ETF for SOL under the current regulatory framework, it will likely be after 2026.”