According to IBM’s former blockchain growth lead, a potential Solana ETF approval in the US could act as a significant price catalyst for SOL.
The first Solana spot exchange-traded fund (ETF) could officially debut for trading on the Brazilian stock exchange, ahead of all the other global jurisdictions.
The first spot Solana (SOL) ETF is currently awaiting approval by the Brazilian stock exchange, B3, after it was reportedly approved by Brazil’s Securities and Exchange Commission (CVM) on Aug. 7.
According to Manthan Dave, the co-founder of Palisade, a Ripple-backed digital asset custody platform, the development could inspire the world's largest economy to explore Solana-based ETFs in the future.
