wonder if recent outage with solana will become a concern for the ETF approval, but we will see ethereum ETF approval first if its getting approved then it means that the gateway for ETF for various altcoins are opened and maybe we can start thinking about sol being approved of its ETF, quite frankly XRP too is looking for company that could file ETF for them if im not mistaken and there will be surge of demand for ETF for various altcoin if these altcoin somehow getting approved.
This will be the trend, and for sure many crypto will also apply for the ETF approval.
There’s a big chance for SOL to get the approval as well, this is the trend after the Bitcoin approval as many sees this as a big opportunity to attract more investors. SOL will have its own version of ETF, let’s look forward to that.
considering that ETF keeps being delayed whether its bitcoin in the past or its ethereum it gonna take much time until ETF get approved for other altcoin.
im finding it will implicate with the timeline of crypto cycle, but i guess some altcoin just want that opportunity to be exposed to a bigger capital out there.