Solana ETF Approval Faces Hurdles: Concentrated Ownership and Lack of US Futures Market

The recent filing for a spot Solana ETF by VanEck is stirring conversation in the crypto market due to unique risks associated with the token. The proposal highlights several potential concerns that may affect its approval by the U.S. Securities and Exchange Commission (SEC). The concentrated ownership of SOL tokens is particularly noteworthy, raising questions

Source: CoinOtag