**BlackRock: Solana ETF? Wait a minute!**
BlackRock just confirmed that they have no plans to launch a Solana (SOL) ETF any time soon, despite their Bitcoin and Ethereum ETFs being hugely successful this year.
- **Why Not Solana?**
Samara Cohen, CIO of BlackRock, said in a Bloomberg interview that Solana does not yet meet the investability criteria and client demand like Bitcoin and Ethereum. So, be patient first!
- **Bitcoin and Ethereum Success**
BlackRock's Bitcoin ETF has raised nearly $20 billion since January, and its Ethereum ETF controls $440 million in ETH. Great, right?
- **Open Competition**
With BlackRock not interested in Solana, opportunities are wide open for other asset managers. VanEck has applied for a Solana ETF in the US, you know!
What do you think? Does Solana deserve to have its own ETF? Tell us in the comments column! đ