BlackRock launching a SOL ETF in first wave would be 'messed up'.
The world’s largest asset manager, BlackRock, should not be allowed to launch a Solana exchange-traded fund (ETF) simultaneously with the US-based issuers who have already filed for one, says ETF analyst James Seyffart.
“That’s messed up,” Seyffart told ETF analyst Nate Geraci in a video published to YouTube on Saturday, discussing a hypothetical scenario where BlackRock — despite no filing so far — jumps in at the last minute with a spotSolana SOL $180.80 ETF and launches alongside firms that applied months ago.