Solana ETF Prospects Remain Bright Despite Hurdles

Solana ETF Prospects Remain Bright Despite Hurdles

Jul 10 Tech Standard

In a recent interview, Matthew Sigel, Head of Digital Assets Research at VanEck, shared his optimism about the prospects of a Solana ETF. His confidence stems from the belief that a well-structured ETF can still thrive even without a traditional futures market in place.

Sigel acknowledges the common perception that a strong futures market is a prerequisite for a successful ETF. However, he argues that past examples from sectors like uranium have shown this isn't always the case. This suggests that a Solana ETF could still find its footing and offer a valuable investment avenue despite the current market limitations.

HarshitKulhan

Crafting cinematic stories through the lens of my phone, I am a blogger and content writer who expresses the essence of my blogs through words

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