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Following BTC And ETH, Solana ETF Is Finally Launching pepe unchain Bnb Eth XRP crypto futures coinbase futures binance futures

Will Blackrock apply for an exchange-traded fund on Solana (Sol)?

BlackRock is reportedly set to apply for an exchange-traded fund (ETF) on Solana ($ SOL) next month in a move that could significantly impact the cryptocurrency and blockchain ecosystem. After applying for Bitcoin ($ BTC) and Ethereum ($ ETH) ETFs, Solana is now the next candidate in the United States.

Will a spot Solana ETF be delayed until November?

Bloomberg crypto analyst, Eric Balchunas, has suggested a spot Solana ETF may be delayed until the US elections in November. A favourable election outcome might potentially create a more favourable situation for the launch. Subscribe to our newsletter to get updates.

Will a Solana ETF lead to a Bull Run?

After losing 96% of its value post-2021, $SOL has since recovered and is poised for a potential bull run during the anticipated 2024-2025 bullish phase. An approved Solana ETF could lead to a surge in similar requests from smaller crypto projects, complicating the US Securities and Exchange Commission’s (SEC) job.

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