SOLANA ETF.
We had been without good news for $SOL for a while, maybe without so many hacks at least, but since we have been losing the price since 200$SOL
And it went up to 120, but a few days ago they asked for applications for the first spot ETF in the sun.
And as we know that it is one of the favorites of companies and their collaborators:
Discord
Goal
Shopify
Stripe
To mention a few, it is already one of the blockchains most used by institutions and Vaneck has already requested it but today it began to be said that blackrock is still going to request it.
But why do ETFs matter in the price?
The thing is that although the price has not yet risen by much capital, it is very important at a level of acceptance, since it looks better for institutional investors since it has the support of the most important investment funds that offer it to their clients. , since when the ETF is approved it will rise many times. And resulting in more altcoins with a high market capitalization starting to request their ETFs.
