As we approached November, we mentioned that the markets will be excited to ETF approval. And the first big news came. If your blockworks resources are reliable, except for the first ETH in a few weeks Altcoin ETF We can see the approval. More importantly, it does not make sense to give approval for a single subcoin.
Solana ETF approval
According to Blockworks Sources Solana ETF Applicants were asked to update S-1 forms. Previously, when the same process was started for BTC and ETH, ETF approval came in 3-5 weeks, and this detail shows that it has reached the final stage. One of the biggest smart contract platforms, Solana, under the new Second SEC management, the securities stamp has survived to eat and the US -based being one of its biggest advantages.
On the other hand, the approval of ETF for the left coin means that the process will progress in popular crypto currencies such as XRP and Avax. Especially XRP Coin has almost the same chance as Solana. Both US -based Altcoins, which have increased the likelihood of ETF approval by CME options listing. The SEC will probably clarify this issue by demanding its own or exporters within a few hours.
Left coin It exceeded $ 163.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
