Solana doesn’t yet have an exchange-traded fund, but one of the asset’s biggest backers is betting the Wall Street-friendly vehicle could come in 2025 — and believes it’s well-positioned to trounce Ethereum’s various similar products.
Multicoin Capital’s Kyle Samani — a major investor in SOL and countless subordinate protocols — has been publicly pressing the Securities and Exchange Commission (SEC) to look favorably upon a SOL ETF. His bullish pronouncements therefore might come as little surprise.
But onstage Tuesday at Blockworks’ Digital Asset Summit in New York City, Samani explained his view why Solana is better placed to appeal to traditional investors than Ethereum did. It’s all about the money: the fees being generated on-chain, compared to the value of the asset’s totality.
„A lot of the reason why the ETH ETF didn’t have a super strong reception was a lot of investors looked at ETH and said 'show me the fees,’ Samani said.
By his telling, they didn’t find much proof t
We współpracy z: https://www.coindesk.com/markets/2025/03/18/multicoin-s-samani-explains-why-sol-etf-could-trounce-eth
