Spotting Technical Advantages and ETF Opportunities Market Maker GSR Goes Long on SOL Expects to Outperform Bitcoin

Cryptocurrency market maker GSR expressed optimism in a report released on Thursday, highlighting Solana’s outstanding technology and favorable shifts in the US political landscape, while announcing a bullish position on SOL. The company believes that following January’s launch of a Bitcoin spot ETF and the anticipated Ethereum spot ETF expected this summer, a Solana spot ETF could be the next cryptocurrency ETF catalyst for asset management firms. (The report was released before asset management company VanEck submitted its Solana ETF application.)

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Bitcoin Momentum Slows! Leverage Risks Mount as Market Eyes Key Support at $110,000

On-Chain Analysis Company Glassnode ReportsOn-chain analysis company Glassnode noted in it…