VanEck’s Solana ETF Hinges on SEC Leadership Change: Sigel
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VanEck leads the charge for a Solana ETF in the US. Speculation abounds of a leadership change at the SEC. Sigel expects crypto voters to play a significant role. Exchange Traded Funds (ETFs) in the US have gained significant attention due to their potential to attract institutional investors to crypto. With the recent approval of Ethereum ETFs, investment firm VanEck is pushing for approval for its own Solana ETF. However, any altcoin ETF will likely face significant regulatory hurdles. The regulatory environment in the US is so problematic that even VanEck’s analysts acknowledge that substantial changes would need to
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