The post CFTC Approval May Pave the Way for SOL Spot ETF, Says Bloomberg Analyst appeared first on Coinpedia Fintech News
Bloomberg analyst James Seyffart stated that after the CFTC approved futures ETFs, an SOL Spot ETF might also be approved within a few years. FIT21 could potentially accelerate this prediction. However, significant challenges to its ETF approval are posed by the SEC’s classification of Solana as a security. Additionally, Seyffart pointed out the lack of demand for LTC and DOGE ETFs, signaling limited investor interest in these assets.