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Image Credit: Cryptonews

SEC Set to Reject Solana ETFs in Gensler’s Final Crypto Crackdown, Says Bloomberg Analyst

  • SEC Chair Gary Gensler plans to reject Solana Spot ETFs as he exits.
  • Rejection stems from ongoing legal debates over whether Solana is a security.
  • Bitcoin and Ethereum ETFs in the US continue to attract significant investments.
  • Solana's ETF prospects overshadowed by other cryptocurrencies.

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