BlackRock has decided not to launch a Solana ETF for now, citing Solana’s lack of maturity and insufficient client demand compared to more established cryptocurrencies like Bitcoin and Ethereum. Samara Cohen, BlackRock’s Chief Investment Officer, highlighted that Solana does not currently meet the necessary criteria for investability that have been satisfied by cryptocurrencies included in their existing ETF offerings.
https://www.coinfeeds.io/daily/blackrock-rules-out-solana-etf-amid-focus-on-bitcoin-and-ethereum
submitted by /u/SympathyTurbulent160
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