BREAKING: Bloomberg Analyst Reveals Estimate for Solana Futures ETF Approval Date – Closer Than Expected
Bloomberg analyst Eric Balchunas shared his prediction about the approval date of Solana futures ETFs in his statement.
Bloomberg ETF analyst Eric Balchunas spoke after news broke that CME would be launching futures contracts for Solana and XRP.
Balchunas said he thinks the Solana futures ETF could receive approval in mid-March. However, Balchunas said he is skeptical about the size of the demand for the Solana futures ETF, as spot ETF approvals for the company are also coming soon.
Following the development, the Solana price did not make any significant movements and is traded at around $264 at the time of writing.
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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