Or is it a loss-making trade? What obstacles does the SOL ETF face?
Given SOL's current market value and circulation, it would be difficult for these institutions to make money.

Given SOL's current market value and circulation, it would be difficult for these institutions to make money.
Cryptocurrency market maker GSR Markets said a U.S. spot Solana exchange-traded fund could boost SOL’s price ninefold.
The filing is the first Solana ETF to be filed in the U.S. Six days later, a similar product was filed in Canada.
The SEC's notice to ProShares showed that while it acknowledged the proposed rule change, it did not approve it.
Solana could become the leading blockchain for payments institutions. Will the next ETF to launch be based on Solana?
Is the decision politically motivated? What does this mean for the future of Ethereum? Will other leading blockchains benefit as well?
Scaramucci predicts Solana ETF launch, igniting crypto community excitement. Regulatory hurdles persist despite endorsements from industry figures. Mixed sentiments on altcoins like Solana amid regulatory uncertainty.
This article will start with the current status of Bitcoin ETF trading in Australia, analyze the Australian Bitcoin ETF tax policy, analyze the latest developments of Australian spot Bitcoin ETF, and predict its future development trend.
New Paradigm is a liquidity incentive activity within the Manta ecosystem launched by the Manta public chain.