Cboe exec says Solana ETFs unlikely without futures market or | Crypto | Ethereum | Bitcoin
Cboe exec says Solana ETFs unlikely without futures market or regulatory clarity
Cboe Vice President and Global Head of ETF Listings Rob Marrocco believes crypto ETFs beyond Bitcoin and Ethereum are unlikely until the market and regulatory landscape changes. Marrocco said during an ETF Store podcast on June 11 that market expectations of a Solana (SOL) and XRP spot ETF are unrealistic in the short term since these cryptocurrencies do not have a futures market, which was a primary factor in the approval of spot Bitcoin and Ethereum ETFs.
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