CFTC Approval May Pave the Way for SOL Spot ETF, Says Bloomberg Analyst

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Bloomberg analyst James Seyffart stated that after the CFTC approved futures ETFs, an SOL Spot ETF might also be approved within a few years. FIT21 could potentially accelerate this prediction. However, significant challenges to its ETF approval are posed by the SEC’s classification of Solana as a security. Additionally, Seyffart pointed out the lack of demand for LTC and DOGE ETFs, signaling limited investor interest in these assets.