🔊 BlackRock says "no" to Solana ETF! The cryptocurrency market may face new challenges🚨

Hello everyone, today we are going to talk about a big news about cryptocurrency spot ETFs! 👥

BlackRock CIO Samara Cohen confirmed that despite the great success of Bitcoin and Ethereum spot ETFs, Solana ETF will not be listed in the short term. 📉

BlackRock's decision disappointed many investors who were looking forward to Solana ETF. After all, the spot ETFs of Bitcoin and Ethereum have performed strongly since their launch. At the same time, BlackRock's iShares Bitcoin Trust has accumulated nearly $20 billion in funds since January 11, setting a record for the best start in history. 💰

But Cohen said in an interview that the launch of Solana ETF "will not be realized in the short term." She emphasized that BlackRock's real focus is on investability and customer demand, and Bitcoin and Ethereum obviously meet these criteria more at present. 🤔

At the same time, Robert Mitchnick, head of digital assets at BlackRock, also pointed out at the Bitcoin 2024 conference that Solana's market share and maturity are far from the standards they consider. He even said that their investment in cryptocurrencies other than Bitcoin and Ethereum accounts for "very little". 🔍

Despite this, VanEck applied to become the first issuer of Solana spot ETF in the United States at the end of June. They believe that since BTC and ETH have been approved, SOL should also have the same opportunity. However, Solana has not yet established a futures market on CME, which makes the approval of its ETF face more uncertainty. 🌐

🤔 But there is also a view that although BlackRock's decision has cast some shadows on Solana, it does not prevent us from being optimistic about the cryptocurrency market. The market is always developing and new opportunities will always emerge. Solana's innovation and potential are still worthy of our attention.

·         Finally, what do you think of BlackRock's decision? What do you think of Solana's prospects? Does the cryptocurrency ETF have a big impact on your investment strategy? Comment your opinion! 👇#加密货币 #SolanaETF #贝莱德 #市场动态