🔴 Bloomberg Intelligence analyst James Seyffart believes that the launch of Solana-based futures ETFs is unlikely due to the token’s classification as a security by the SEC. He suggests that the cryptocurrency derivatives market will be under the oversight of the U.S. Commodity Futures Trading Commission in the coming years.
🟢 However, Adam Cochran, managing partner at CEHV fund, believes that the likelihood of launching ETFs based on Litecoin and Dogecoin is higher.