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Bloomberg analyst: There may be great demand for SOL ETF, but the SEC's tough stance will be a huge obstacle

2024-05-23 02:29
Odaily News Bloomberg ETF analyst James Seyffart wrote on X that, in addition to BTC and ETH, the demand for SOL ETF may be greater than other digital assets, but the problem is that the SEC's attitude towards SOL is completely different from that towards ETH. In previous lawsuits against Coinbase, Kraken and other companies, the SEC has stated bluntly that "Solana (SOL) is a security", which may make SOL's ETF road very bumpy.