$SOL 🚀🚀🚀🌜👽🌛
Speculators Bet $200,000 on Solana ETF Approval
Speculators Bet $200,000 on Solana ETF Approval
June 14th from 202417:00 BRT
Decentralized prediction market platform Polymarket has recorded more than $200,000 in bets on whether spot Solana exchange-traded funds (ETFs) will gain approval by December 31, 2024.
This interest reflects a significant bet on Solana's future in the cryptocurrency market.
Speculators bet big on Solana ETF
Earlier this week, US Securities and Exchange Commission (SEC) Chairman Gary Gensler indicated the likely approval of spot Ethereum ETFs in the US by the end of the summer. This would be the first time that a non-Bitcoin digital asset would receive such a rating, sparking speculation about the potential of Solana ETFs.
Despite this optimism, bets on Polymarket for Solana ETF approval remained at a cautious 7%. The discussion surrounding Solana ETFs comes amid an ever-changing regulatory environment and growing bipartisan support for cryptocurrency.
Speculators Bet $200,000 on Solana ETF Approval
June 14th from 202417:00 BRT
Decentralized prediction market platform Polymarket has recorded more than $200,000 in bets on whether spot Solana exchange-traded funds (ETFs) will gain approval by December 31, 2024.
This interest reflects a significant bet on Solana's future in the cryptocurrency market.
Speculators bet big on Solana ETF
Earlier this week, US Securities and Exchange Commission (SEC) Chairman Gary Gensler indicated the likely approval of spot Ethereum ETFs in the US by the end of the summer. This would be the first time that a non-Bitcoin digital asset would receive such a rating, sparking speculation about the potential of Solana ETFs.
