Will Tomorrow’s Much-Anticipated Solana Spot ETFs Spark a New Altcoin Season? Analyst Shares His Opinion.
Cryptocurrency analyst Simeon Koch described the US Securities and Exchange Commission’s (SEC) approval of Solana spot ETFs as a historic turning point for the altcoin market.
Solana Spot ETF Comes with Staking Feature
With the official announcement following the initial announcement by REX Shares, Solana (SOL) became the third cryptocurrency to receive spot ETF approval in the US after Bitcoin and Ethereum. However, what makes Solana special is that these ETFs also offer staking income.$SOL