VanEck Analyst Points to 2018 Fraud Case as Hope for Solana ETF

Key Takeaways

• Matthew Sigel of VanEck suggests that a 2018 fraud case could influence the approval of Solana ETFs in the US, as it might help classify Solana as a commodity;
• Other analysts, like Eric Balchunas from Bloomberg, believe the chances of Solana ETF approval are slim, especially after Cboe removed 19b-4 filings for two Solana ETFs;
• VanEck’s S-1 filing remains active.

Source: https://www.bitdegree.org/crypto/news/vaneck-analyst-points-to-2018-fraud-case-as-hope-for-solana-etf?utm_source=reddit&utm_medium=social&utm_campaign=r-vaneck-fraud-case-solana-etf