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There are many rumors of an SEC head change.

Solana ETF possible with a change in POTUS, SEC: ERIC Balchunas is reported as saying.

A new SEC chair like Hester Peirce, known for a favorable stance on crypto, could make approval of a Solana ETF more likely.

What is also interesting is that we already have a lot of Staking ETPS for SOL around the world - over $1BN already.... and we are just getting started. REM SOL is a small asset.

These are my relative delta impacts of ETFs on SOL and ETH

ETP Balances are over $1BN

But even more interesting..... Cathie Wood is rumored to be skipping ETH ETF and focusing on SOLANA!!!

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L.A.L.M.

Good kind people i am thinking to convert 0,2 BTC to SOL because of SOL ETF, and then when the time is right switch back to BTC, what do you think about my plan, i am new to crypto space! 😁

Benny Bitcoin

Bitcoin had a Grayscale sell off after ETF Launch.. Eth we assume will have a Grayscale sell off after ETF launch.. Do we have to worry about anything like this if there were a SOL ETF launch?

Maine McEachern

I love it when Cathy Woods degens! 🚀 #SOLrocket

SolMan

Not that I’m aware off. There was a lot of Solana in FTX as SBF was very sweet on it, apparently he’s touting it in prison. 🫨. They have sold a couple of tranches privately and there is some more to be unlocked next year but again could well be shifted privately. So nothing burger really.

SolMan

I like Eric Balchunas and respect his ETF knowledge but he reports the news he doesn’t make the news. If Larry wants then Larry gets and should Blackrock file a listing we all know what happens. We shall see.

jexas

Cathie Wood is making the right move skipping ETH ETF while others get sucked into that eventual dying chain.

Mr. Mushrooms

Love Cathie, she is a very smart woman

Joshy Fresh

What’s Cardano doing in there? Haha

Jody HR

With OSOL selling at a premium (not nearly as much of a premium as GSOL ). Is it best to lock in profits in case the premium goes back to even???? NFA.