“Given that CME-traded solana futures don’t currently exist, it seems the only viable path for spot solana ETF approval would be the implementation of a legitimate crypto regulatory framework that clearly defines which crypto assets are securities versus commodities – or for the SEC to agree with solana being designated as a non-security commodity,” said Nate Geraci, president of the ETF Store, an investment advisory firm.
Ripple’s Big Court Win Nonetheless Muddied Waters on Whether XRP Is a Security Deserving Tougher Regulation
In a near-vacuum of legal and regulatory clarity for crypto, district judges’ opinions on whether a given token is a...