During a recent interview, the head of digital asset research at VanEck, Matthew Sigel, stated that the approval of a crypto ETF on Solana in the USA would be inevitable.
At the end of June VanEck was one of the ETF managers to have submitted a formal request to the US SEC to issue an ETF on SL spot on US exchanges.
VanEck: the precedent in Brazil of the ETF on the crypto Solana
The reasoning of Sigel starts from what has recently happened in Brazil.
In fact, a few days ago the Brazilian equivalent of the SEC, the CVM, approved the launch on Brazilian stock exchanges of spot ETFs on Solana, after previously approving those on Bitcoin and Ethereum.
Sigel has defined Brazil as a long-time pioneer in digital assets, so much so that it has, for example, approved a BTC spot ETF well in advance.
This approval, according to the head of digital asset research at VanEck, would indicate that the U.S. counterpart should be ready to do the same.
However, from his words also emerg
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