As bitcoin struggles to recoup some of this year’s dramatic losses, ETFs based on Ethereum and Solana are gaining ground.
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The first spot Solana ETF came to market last week through a filing under the Securities Act of 1940, unlike competitors who filed under the 1933 Act.
The SEC has warmed up to crypto ETFs and staking, but whether it will approve both in the same package is a question.
Bitcoin has been big business in the ETF market. Ether less so. What does that mean for Other Crypto Assets?