According to Jinse Finance, Katalin Tischhauser, Head of Investment Research at Sygnum Bank, said in an interview that the possibility of launching spot ETFs for Solana, Cardano, and other encryption assets in the United States is low. Even if they are launched, it may be difficult to attract investors for the following two reasons: 1. The U.S. SEC requires approved ETFs to have a trading platform that can be monitored for market surveillance, but AltCoins like Solana lack such platforms, making it difficult for the SEC to ensure fair, transparent, and non-manipulative markets; 2. Compared to BTC and Ethereum, there is less demand from investors for ETFs of AltCoins like Solana. This can be seen by comparing the Assets Under Management of Grayscale's Solana Trust (GSOL) and Ethereum Trust (ETHE), where GSOL's assets are only 1.2% of ETHE, indicating limited investor interest.

SOL3,19%
ADA1,43%
BTC0,71%
ETH-0,12%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt