FalconX Global Revenue Director: Regulatory clarity will pave the way for new ETF
In an article on X, Austin Reid, the global revenue director of cryptocurrency brokerage firm FalconX, stated: "The launch of the Solana ETF will be a significant milestone for the SOL ecosystem and also marks a major shift in the entire cryptocurrency industry. In addition to new single-asset funds, regulatory clarity will pave the way for actively managed products and new ETFs - both of which will unlock new institutional liquidity channels."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: A certain bitcoin whale has unrealized short profits exceeding $57 million
Data: Whale who profited $24.48 million from shorting withdrew 57,700 ETH from an exchange this morning
Data: Ark Invest increases its holdings by more than 380,000 shares of Bitmine stock again