Product Ecosystem, Digital Assets @LSEG | Author of Web3 in Financial Services Book | Board Member
Solana ETF incoming… This is big! Why? 🚀Acceleration The pace of developments in the crypto ETF space is astonishing. While it took many years for Bitcoin ETFs to gain approval, the momentum has picked up significantly. The gap between Bitcoin and Ethereum ETF submissions was relatively short, but the submission of a Solana ETF is happening even faster. This rapid progression highlights the growing confidence and optimism within the industry regarding the approval of diverse crypto assets. 🏦Convergence of TradFi and DeFi The introduction of ETFs beyond Bitcoin and Ethereum marks a significant step in the ongoing convergence of traditional finance (TradFi) and decentralized finance (DeFi). The integration of more crypto assets into mainstream financial instruments underscores the irreversible convergence of these two worlds. 📈Solana potential The launch of a Solana ETF is a strong endorsement of the Solana ecosystem's potential. Just yesterday, we discussed the launch of Blinks, and now the arrival of Solana ETFs demonstrates the rapid innovation and growing trust in Solana's infrastructure. Mike Sotirakos, Maurício Magaldi, Rizwan Pabani, João (Jay) Machado, Brian Naughton and Efi Pylarinou anything else I missed? See full news details below from Arunkumar Krishnakumar👇 #web3 #solana #etf #crypto
US based #Solana ETF incoming! VanEck leading it from the front! The institutions are coming! And in some style.. #DigitalAssets
Don’t think it will go trough, but it’s a perfect timing to create pressure 🤘
We still don’t have the Solana futures ETF.. that needs to be in place before the spot can be approved. And Larry Fink is not onboard yet. Once both those happen, the SEC should give us the gate pass!
Harry A.
4w
Solana, together with Ethereum, is willing to change the world of finances thanks to their userbases and technologies. I hope to see them legalized soon, to uncover it for 100% 🔥
Shane Tseng
1mo
its BIG because i was short SOL last night...
Literally posted something just before I saw you tag me on this! I've been hearing rumours for days but to see it happen is super encouraging! Bitcoin, Ethereum and now Solana! Guess we'll have to see how the SEC responds but it definitely looks like crypto is going mainstream with increasing rapidity! 🫡