🔥 Crypto News: The possibility of ETF spot for Solana, Cardano in the US is very low!
🔹 Katalin Tischhauser from Sygnum Bank believes that it is difficult to have spot ETFs for altcoins other than BTC and ETH due to the lack of SEC-approved exchanges.
🔹 The SEC needs to monitor the market to prevent abuse, fraud, and manipulation.
🔹 If Coinbase and other crypto exchanges are approved by the SEC, there may be more crypto ETFs.
📉 Low demand:
🔸 Tischhauser: "ETFs other than BTC and ETH are difficult to attract many investors."
🔸 Bitcoin ETF attracted $17.7B, while Ether ETF got off to a slower start.
💬 What do you think about the future of altcoin ETFs? Share your opinion! 👇