BlackRock: Solana ETF Unlikely Due to Technical Hurdles and Market Concerns

Quick Summary:

Therefore, many are anticipating that this surge is coming due to Solana ETF rumors.

However, Blackrock has shattered the dreams of many Solana investors.

Major fund houses like Wells Fargo, Morgan Stanley, and UBS are conducting due diligence and risk analysis to determine the role of Bitcoin and Ethereum in their portfolios.

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Article Details

Author / Journalist: Qadir AK

Category: Crypto

Markets: United States

Topics: News Altcoins

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-30 @ 07:02:20 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 384 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 21851044

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 18 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #112

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