Spot Solana ETFs Likely To Gain Approval In The US By End Of 2024 – Expert Projects

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Bitcoinist 12h ago

Spot Solana ETFs Likely To Gain Approval In The US By End Of 2024 – Expert Projects - Bitcoinist

Quick Summary:

Following the historic approval of the Spot Solana Exchange-Traded Funds (ETFs) in Brazil last week, Manthan Dave, the co-founder of Palisade, a digital asset custody platform supported by Ripple, has confidently voiced his optimism about an approval of the SOL-based funds in the United States by the end of the year.

The co-founder’s forecast coincides with rising interest in Solana as a top blockchain platform and the need for more varied investment solutions in cryptocurrency.

This move comes a few months after the regulatory watchdog’s green-lighted Bitcoin ETFs and Ethereum spot ETFs.