Spot Ethereum ETFs Are A Go: Can Solana ETFs Follow Without CME Futures?

As Spot Ethereum ETFs are set to go live, crypto enthusiasts wonder if Solana ETFs will follow despite the lack of CME futures. Solana ETFs are believed to be next in line once Spot Ethereum ETFs finally hit the market.

Amid this excitement for crypto ETFs, ETFSwap (ETFS) has emerged as a promising new player, drawing interest from retail and institutional investors. The ongoing ETFSwap (ETFS) presale offers a chance to invest early and benefit from the future of trading.

SEC Commissioner Suggests Solana ETFs Can Launch Without CME Futures

With Spot Ethereum ETFs ready to go live, market excitement has soared over the past week, as Bitcoin (BTC) and Ethereum (ETH) reclaim price levels unseen in over a month. As such, Solana (SOL) has risen by over 30% in the past month while investors look to take early positions ahead of any news on Solana ETFs.

Compared to Bitcoin (BTC) and Ethereum (ETH), Solana (SOL) does not have existing CME futures markets, which have served as the prerequisite for the approval of the recent crypto ETFs. However, SEC Commissioner Hester Peirce suggested that approving Solana ETFs without underlying futures and options markets could streamline the process and bring the assets on faster. 

These futures and options markets often provide a foundational basis for regulating this asset type, and specific experts believe that crypto ETFs beyond Bitcoin (BTC) and Ethereum (ETH) will not happen without first establishing a futures market.

While VanEck and 21Share have already filed applications for Solana ETFs, the statement by Pierce has ignited huge confidence amongst crypto investors. Yet, crypto experts like Bloomberg’s Eric Balchuna believe that the approval timing of Solana ETFs remains uncertain due to potential political changes in the upcoming US elections.

Crypto analysts expect Spot Ethereum ETFs to show a similar pattern as its Bitcoin (BTC) counterpart, igniting a rally to a new all-time high on ETH. The applications for Spot Ethereum ETFs were also filed before Spot Bitcoin ETFs were approved, which is a noticeable pattern for Solana ETFs.

Regardless, these ETFs are expected to bring in massive funds and drive a potential bull run. Smart investors are already picking positions in promising small investments like ETFSwap (ETFS) to capitalize on the potential growth.

ETFSwap (ETFS) Set For Massive Surge As Spot Ethereum ETFs Launch

The new ETFSwap (ETFS) promises impressive prospects as interest grows in its innovative solution. Leveraging the Ethereum blockchain for its security, transparency, and robust DeFi infrastructure, ETFSwap (ETFS) aims to bring cutting-edge trading services to users looking to trade ETFs on-chain.

The new platform delivers a blockchain-based alternative to trade and invest in ETFs via tokenized versions. These tokenized ETFs will be backed by real ETF securities purchased from the traditional market and will offer more flexibility. Also, ETFSwap (ETFS) will be in partnership with MiCa-compliant, which trades securities and crypto markets.

This model will facilitate features such as fast settlements, crypto-to-ETF swaps, passive income from staking, lending opportunities and access to liquidity, and round-the-clock and no-KYC trading, amongst several other benefits unavailable to investors who trade ETF assets via the traditional markets.

Crypto ETFs have been major price catalysts for the market this year, and experts believe the hype on the Spot Ethereum ETFs and Solana ETFs present over 108x gains on ETFSwap (ETFS). While the presale is already making impressive numbers, the ETFSwap (ETFS) has completed KYC verification with SolidProof, a reputable blockchain security firm.

This extra audit lends credibility and trustworthiness to the emerging project, confirming that investors are safely betting on the new platform.

Conclusion

The positive sentiment around Spot Ethereum ETFs and Solana ETFs has triggered a run on ETFSwap (ETFS), and massive profit is available for investors who get in early. ETFSwap (ETFS) has established its spot as the first of its kind, and investors are counting on its first-mover advantages for massive profit.

Buy in now at $0.01831 before the price rises to $0.03846 in the next presale stage.

For more information about the ETFS Presale:

• Visit ETFSwap Presale

• Join The ETFSwap Community