The United States deserves better Crypto ETFS. Let’s go from Solana

Now the regulatory open season of digital assets in the United States – not only because the incoming president has published Solana Memecoin before his inauguration. Now that other Memecoins are proposed as assets for the new dream cryptocurrant ETFS. In just more than a month, the American crypto market crossed with the confrontation with an absurd amount of obstruction in absurd, good, absurd, good.

While I can’t imagine that financial advisor was saying: “You didn’t insufficiently separate me in trump,” reality is that these new currencies could be valid assets for ETF. The second look is that they are completely useless.

The divided view is that they are the form of creative expression. They are not a Mozart Symphony, of course, but these coins – $ BONK, $ PENGU – obviously have some cultural value. I see why some investors, retail and otherwise, were interested in this type of ETF.

This brings us to Solana, which is now basically the third largest means in terms of market caps and far the largest in terms of network usage. Bitcoin, while initially intended as a type of digital money, appeared as a digital value store. And Solana took the cloak block of the Smart contract with its unique evidence of history that has the potential to power all types of block-based applications. It’s time for the ETF Solana.

Read more: “It’s so early”: As Solana competes with Etherem for institutional interest

The basic works are there. It took 10 years and lawsuit to approve the BitCoin ETF. After more challenges, Etherum ETF – with an asterisk was also approved. Every publisher involved providing the “trail” awards in their apps had to hit him. By doing this, SEC has effectively said that issuers (and investors) could not participate in managing these blocks, but I can invest in them.

As a result, each investor who bought the ETF from the last May failed the opportunity to earn the yield on their means – a yield that comes directly to support the security itself itself itself itself. If, instead of ETF actions, these investors bought the same amount of Etherem and set it (for example, with coinbase), they can earn, say, 2-4% APIIn return to release their ETE to be used to keep the block. Regardless of your policy, however, you feel due to cryptocurries, it is true that it puts American investors in a disadvantage. European investors already have ETPS for other currencies, and also have access to the awards for the reward through them.

Nevertheless, we are still waiting for any type of Solana ETF. And it certainly will not involve the survey to begin, because the issuers learned from Etherum case not to involve it. In my opinion, the approval of European approval of ETPS crowding should set a precedent to commit ETF in the United States.

As for why this commitment to the ETF should be for Solana, so – the fact that the president’s Memecoin was released on Solana was not accidental. It is a popular block that can stand billions in the amount of transaction, even when unexpected. Its scalability and power will inevitably apply to the real world in Tradefi, and any other number of cases of use in the real world. They do not provide access to investors to invest in this technology through their traditional financial accounts is that it is limited to invest in Amazon or Google during initial bids. Therefore, Solana ETF should be approved quickly: to join wide retail and institutional investors following Bitcoin and Ethereum.

In short: Solana is overlestered its own ETF, and I call new leadership to approve applications that inherited from those who include gray scales, Vaneck, 21shares, capital, and even encouraging them to be in reintegration. (Canary login has reached a Second phase Overview of SECindicating that it could be approved in due course.)

It is still early, so we still need to see the long-term influences of the approach of this cryptocurrency administration. But it is possible that it could be pushed through a new, better frame for CRIPTO-ASSET products. That would be worth a hype.