Analyst: The demand for SOL ETF could be substantial, but the SEC's tough stance could be a major obstacle
News on May 23, Bloomberg ETF analyst James Seyffart posted on X saying that apart from BTC and ETH, the demand for SOL ETF may be greater than other digital assets. However, the problem lies in SEC's attitude towards SOL being completely different from its treatment of ETH. In previous lawsuits against Coinbase, Kraken and other companies, SEC has bluntly stated "Solana (SOL) is a security", which could make the path to SOL's ETF very rocky.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
"Validator's Pendle" Pye raises $5 million, enabling SOL staking yields to be tokenized
There are truly no creative bottlenecks in the financialization of Web3.

DiDi has become a digital banking giant in Latin America
DiDi has successfully transformed into a digital banking giant in Latin America by addressing the lack of local financial infrastructure, building an independent payment and credit system, and achieving a leap from a ride-hailing platform to a financial powerhouse. Summary generated by Mars AI. This summary was produced by the Mars AI model, and its accuracy and completeness are still being iteratively improved.

Fed rate cuts in conflict, but Bitcoin's "fragile zone" keeps BTC below $100,000
The Federal Reserve cut interest rates by 25 basis points, but the market interpreted the move as hawkish. Bitcoin is constrained by a structurally fragile range, making it difficult for the price to break through $100,000. Summary generated by Mars AI This summary was generated by the Mars AI model, and the accuracy and completeness of its content are still being iteratively updated.