Brian Kelly: Solana Could Be the Next Cryptocurrency ETF

The post Brian Kelly: Solana Could Be the Next Cryptocurrency ETF appeared first on Coinpedia Fintech News

On CNBC, BKCM CEO Brian Kelly mentioned that Solana might be the next cryptocurrency ETF. Similar speculations have emerged in Hong Kong, where an issuer reportedly preparing a SOL ETF. However, unlike Bitcoin and Ethereum, Solana lacks a futures ETF, and the SEC has classified it as a security, complicating its ETF approval. Additionally, a leading ETF issuer recently stated they are currently uninterested in launching ETFs beyond BTC and ETH, posing further challenges to Solana’s potential ETF launch.