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Ether ETF approval makes Solana next ‘top candidate’

Your guide to the week’s biggest fintech stories

Will more cryptocurrencies jump on the ETF bandwagon?
Will more cryptocurrencies jump on the ETF bandwagon? Photo: Jakub Porzycki/Getty Images

The US Securities and Exchange Commission’s approval of ether ETFs last week has opened the door for other digital assets, with Solana the next candidate in line, according to industry leaders.

The US regulator gave the green light to applications from Nasdaq, Cboe, and NYSE to list ETFs tied to the price of ether, the world’s second-largest digital asset, on 23 May.

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