- VanEck’s Mathew Sigel suggests that the odds of a Solana ETF approval are very high.
- BlackRock’s Robert Mitchnick stated that the firm is not interested in crypto products other than Bitcoin and Ethereum.
- The new SEC administration will play a key role in driving support for newer crypto ETFs.
Solana (SOL) made the rounds across crypto communities on Friday as key executives from VanEck and BlackRock gave contrasting views on the possibility of a SOL exchange-traded fund (ETF) launching in the US.
VanEck expects more ETFs by 2025, BlackRock shows little interest
Since spot Bitcoin ETFs launched in January and the Ethereum ETFs in July, more ETF filings have knocked the Securities & Exchange Commission’s (SEC) doors. Among these filings is the Solana ETF, which was first filed in June but has yet to receive the regulator’s green light.
VanEck’s Head of Digital Assets, Mathew Sigel, noted that a Solana…
