Ethereum

Solana

Bitcoin ETF

Following some news from Bloomberg analysts Eric Balchunas and James Seyffart, the SEC increased the probability of approving Ethereum ETFs to 75% and some developments indicate that ETH ETF approval may be coming.
Following these developments, while ETH and cryptocurrency prices were on the rise, a new post focused on Solana (SOL) came from Matrixport co-founder Daniel Yan.
Claiming that the ETH ETF could have a big impact on the Solana price, Daniel Yan also fueled speculation and rumors about the Solana ETF in the USA with these comments.
Matrixport co-founder and Kryptanium Capital co-founder Daniel Yan claimed in his post from his X account that Solana may be the cryptocurrency that will benefit most from the expected approval of the spot Ethereum ETF.
<blockquote>
 “If Spot Ethereum ETFs are approved within two days, the popular action in the market will be “Buy Ethereum.”
 Ethereum is up almost 20% in the last 24 hours. Additionally, Bitcoin has fallen 15% in the weeks since its approval on January 10.
 At this point I have a better trade to offer: They should consider buying Solana (SOL) versus Ethereum (ETH).
 A better trade I would advocate is: “BUY SOL/ETH”.
 This may sound ridiculous and certainly unpopular. But I have reasons:
 1-Buy: If approved, the next cryptocurrency at the top of the list will be SOL.
 2- When the Bitcoin ETF was approved, ETH/BTC rose 12% in a week because people were waiting for the Ethereum ETF to be approved as well.
 It is not financial advice. “
</blockquote>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 A better trade I will argue for is: "BUY SOL/ETH". This may sound absurd and definitely unpopular. Reasons are: 1) SOL will be the No.1 next in line if ETH ETF get approved. 2) ETH/BTC did +12% within a week after the BTC approval as people expect ETH ETFs 3) Not a crowded trade
 — Daniel Yan (@_D_Y_A_N) <a href="https://twitter.com/_D_Y_A_N/status/1792817019899019584?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 21, 2024</a>
</blockquote>
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*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/remarkable-claim-from-experienced-analyst-this-altcoin-will-benefit-the-most-from-ethereum-etf-approval-follow/" rel="noopener noreferrer nofollow">Remarkable Claim from Experienced Analyst: "This Altcoin Will Benefit the Most from Ethereum ETF Approval! Follow!"</a>

Remarkable Claim from Experienced Analyst: "This Altcoin Will Benefit the Most from Ethereum ETF Approval! Follow!"

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