VanEck’s head of analysis, Matthew Sigel, has confirmed that the agency’s software for a spot Solana ETF is closely influenced by the result of the 2024 presidential election and the function of Gary Gensler as SEC chairman.
VanEck’s head of analysis, Matthew Sigel, has confirmed that the agency’s software for a spot Solana ETF is closely influenced by the result of the 2024 presidential election and the function of Gary Gensler as SEC chairman.
Sigel means that the approval odds for the Solana ETF would enhance if Gensler is now not on the SEC, significantly with a Trump victory.
Regardless of the challenges posed by the dearth of a regulated futures marketplace for Solana, Sigel stays optimistic about potential adjustments in SEC management.
That is an AI-generated article powered by DeepNewz, curated by The Defiant. For extra info, together with article sources, go to DeepNewz.
