๐Ÿšจโ€ผ๏ธETF Issuers Face Tough Choices in Uncertain Crypto Market ๐Ÿšจ

Should #ETFs Stick to Top Coins or Take Risks on Memecoins? ๐Ÿšจโ€ผ๏ธ

Greg King (CEO, REX Financial) warns issuers to be selective, saying the crypto landscape gets shaky beyond the top 10โ€“20 coins.

While spot #Bitcoin ETFs sparked a wave of filings, he expects careful focus on major assets rather than an explosion of random funds.

๐Ÿ‘‰ #REX Financial is awaiting approval for memecoin ETFs ($BONK , $TRUMP , $DOGE ) while already launching a #Solana ETF with staking rewards.

๐Ÿ‘‰ King sees #Solanaโฉ as a real challenger to Ethereum in stablecoins, citing speed + scalability.

๐Ÿ‘‰ Nine issuersโ€”including Fidelity, VanEck, and #Grayscale โ€”have filed for a Solana ETF, with approval expected by October.

๐Ÿ’ก Solanaโ€™s rise in ETFs could reshape the stablecoin landscape.