<ul><li>BlackRock, the world’s largest asset manager, is cautious about launching a Solana (SOL) ETF due to the cryptocurrency's lack of institutional maturity and liquidity.</li><li>While other firms like VanEck are pushing for a Solana ETF, regulatory and market challenges remain.</li><li>BlackRock evaluates potential ETFs based on investability and client demand, and currently, Solana does not meet the criteria.</li><li>The cautious stance of BlackRock may impact investor confidence and lead to increased volatility in SOL's price.</li></ul>

BlackRock Weighs Solana ETF—Why It Might Not Be Bullish for SOL

Discover more