Brian Kelly: Solana Could Be the Next Cryptocurrency ETF
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On CNBC, BKCM CEO Brian Kelly mentioned that Solana might be the next cryptocurrency ETF. Similar speculations have emerged in Hong Kong, where an issuer reportedly preparing a SOL ETF. However, unlike Bitcoin and Ethereum, Solana lacks a futures ETF, and the SEC has classified it as a security, complicating its ETF approval. Additionally, a leading ETF issuer recently stated they are currently uninterested in launching ETFs beyond BTC and ETH, posing further challenges to Solana’s potential ETF launch.
