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🚨 Meta stock, $META, has now erased $240 BILLION of market cap after reporting earnings, down as much as 19%. If $META closes at current levels tomorrow, it will mark the BIGGEST EVER 1-day loss of market cap by a stock.

🚨 Meta stock, $META, has now erased $240 BILLION of market cap after reporting earnings, down as much as 19%.

If $META closes at current levels tomorrow, it will mark the BIGGEST EVER 1-day loss of market cap by a stock.

إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول. اطلع على الشروط والأحكام.
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Are Solana ETFs Next After Ethereum? Bloomberg Analyst Reveals His Expectations and Possible Obstacles! 🌟 After the recent approval of spot Bitcoin and Ethereum ETFs in the USA, investors are buzzing about which altcoin could be next. Leading the pack is Solana (SOL) 🔍 Bloomberg ETF Analyst James Seyffart** weighed in on the discussion. Responding to **Brian Kelly's** video on CNBC Fast Money, Seyffart believes: > "A Solana ETF would see the most demand compared to other altcoins (other than BTC and ETH)." However, he points out potential hurdles: ⚖️ The SEC currently classifies SOL as a *security* in lawsuits against major exchanges like Coinbase, Binance, and Kraken. This could complicate the approval process for Solana ETFs. ⏳ Seyffart suggests: > "Based on current precedent/needs, a Solana ETF would occur within a few years following the creation of a CFTC-regulated futures market. However, congressional and Market structure bills like FIT21 could make this happen faster." 📈 **The Future of Solana ETFs:** - **High Demand:** Solana ETFs are anticipated to attract significant interest. - **Regulatory Challenges:** The SEC's classification of SOL as a security could make the approval journey tough. - **Timeline:** Could range from a few years to sooner, depending on regulatory changes and market structures. Stay tuned for more updates on this exciting development! 🌐 *Disclaimer: This is not investment advice.* #Solana #SOLETF #ETFs #CryptoWatchMay2024 #Earnfreecrypto2024
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