🚀 Crypto enthusiasts, brace yourselves! Solana and Cardano might have a tough time getting the green light for spot ETFs in the US. Katalin Tischhauser from Sygnum Bank says the SEC's strict market surveillance standards are the main hurdle. 🛑
- The SEC wants fair and transparent trading, but sees current crypto exchanges as "unregulated."
- Even if approved, demand for altcoin ETFs could be lukewarm. Bitcoin and Ethereum are the stars here, with Bitcoin ETFs raking in $17.7 billion since January!
Do you think altcoin ETFs will ever take off? Drop your thoughts below! 💬