Blockchair's logo

The SEC Opens Four Reviewing Proposals for Spot SOL ETFs – Is This the Catalyst Solana Needs to Hit $500? Coinpedia 25 Feb 2025

The SEC Opens Four Reviewing Proposals for Spot SOL ETFs – Is This the Catalyst Solana Needs to Hit $500? 📈

The SEC is now reviewing four proposals for spot Solana ETFs, a move that has garnered the interest of major financial firms including Grayscale, VanEck, 21Shares, Bitwise, and Canary Capital. This shift in the SEC’s approach has become a focal point for the crypto industry, fueling speculation about potential outcomes.

While Solana awaits potential gains from these developments, other projects like PlutoChain ($PLUTO) may also attract attention. The convergence of regulatory evolution and financial innovation could become pivotal for Solana’s future market movement.

Source: coinpedia.org ↗