Quote from: Sophokles on Today at 06:42:41 PM

Some of the asset managers have already submitted for SOL ETF and i am pretty sure it is only because they wants to be the first mover. I really doubt that SOL ETF will be approved. In my opinion, LINK is the suitable candidate for the possible ETF approval after ETH. SOL's demand and volume is fake mostly. On the other hand Link is going to be the universal gas token for the tokenized industry. If SOL ETF got approved other layer 1 like DOT, TON, KASPA can be the next candidate.

Ngl, LINK ETFs are not coming anytime soon. A month ago, my stance on Solana etfs were net negative but now that I think of it, it certainly can get there. Sometime this year, solana was comfortably sitting as the 3rd most biggest crypto and for a project with many big players and millions of users, it might get the chance even if I doubt it. Imo, the next altcoin ETFs are going to come much later; down the road. Solana, LINK, and others are just not ready yet.

Quick question: Do you think SEC will approve Polkadot ETFs now that some details have been revealed about how the polkadot treasury is getting squandered? That's what I thought. Solana too has its problems.