Home CryptocurrencyETF analysts speculated on potential Blackrock Solana ETF

ETF analysts speculated on potential Blackrock Solana ETF

by Hammad khalil
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The world’s largest asset manager, Blackrock should not be established to launch analyst James Safart.

“This is the message,” SEFERT told ETF analyst Nat Gessi in a video published on Saturday, discussing a fictional landscape, where Blackrock – Decimite no filing so far – a spot jumps in the last minute with ETF and also applies before the launch.

Small firms put all the hard work, say safurt

“It should be,” Safart said. He said, “These small issuers, these people have spent so much time to work with paperwork.”

In June 2024, a spot Solana was the first American firm to apply for ETF. Fidelity Investments.

Since the initial filing, the other delayed its approval decision and requested the application forms to achieve great clarity on the proposed products.

ETF
James Safarte spoke to Nat Gasi on Crypto Prime on Saturday. Source: Crypto Prime

However, SEFERT considering that Blackrock would be ready to launch a crypto index product, which is tracking several cryptocurrency spot prices beyond two -big, bitcoin (BTCC) and ETOR (ETH).

If the demand is high then Blacrock can swoop

“If I were Blackrock, I would have done this,” Saidart said.

Novadius President Nate Gresi said Blacrock may wait for its competition “if it looks like a demand it becomes real, perhaps they can just swoop,” he said.

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Gresi also said that if the Blacrock does not want to file, they can “call a market that it is going to be bitcoin and ETH and nothing.”

However, Safart says that it is not a major risk for Blackrock if they do not file another crypto ETF because about 90% of the crypto market cap is in bitcoin and atherium. “Even if they don’t, I don’t think it is big of a miss,” he said.

“It is clearly not going to what it is and was for bitcoin, and as I said, I am very fast on the demand for index products,” Safart said.

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