Bloomberg ETF Analyst: Demand for SOL ETF may be significant, but the SEC's tough stance is a major obstacle

ChainCatcher news, Bloomberg ETF analyst James Seyffart posted on X that, besides BTC and ETH, the demand for SOL ETFs may be greater than for other digital assets. However, the issue lies in the SEC's attitude towards SOL being completely different from that towards ETH. In previous lawsuits against Coinbase, Kraken, and other companies, the SEC has been straightforward in stating that "Solana (SOL) is a security," which could make the path for SOL ETFs very rocky.