PANews reported on May 23, according to CoinDesk, that Wall Street investment bank Bernstein stated that if an Ethereum spot ETF is approved, it will raise market expectations for other cryptocurrencies like Solana to be classified as commodities. Bernstein believes that as Ethereum is officially recognized as a commodity, other blockchain assets with similar characteristics, such as Solana, may also be considered commodities, which will have a profound impact on their market status and regulatory framework.
Bernstein: Approval of Ethereum Spot ETF Will Raise Market Expectations for Solana and Other Crypto Assets to Be Classified as Commodities
PANews2024/05/23 11:52
Show original
By:PANews
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Crypto Capitalism, Crypto in the Age of AI
As volatility in the crypto industry continues to decrease, especially for industry professionals, where should they go next?
佐爷歪脖山•2025/11/11 16:22

Starknet Price Prediction 2025: Can STRK Recover 250% Surge Again?
Coinpedia•2025/11/11 16:21

The Culprit Behind Stream’s Collapse: The Risks and Opportunities for DeFi Curators
金色财经•2025/11/11 16:15

Recent Bitcoin Drop Driven by Speculators, Not True BTC HODLers — Samson Mow
CryptoNewsFlash•2025/11/11 16:09

Trending news
MoreCrypto prices
MoreBitcoin
BTC
$103,613.09
-1.38%
Ethereum
ETH
$3,490.14
-0.81%
Tether USDt
USDT
$0.9999
+0.01%
XRP
XRP
$2.44
-3.90%
BNB
BNB
$976.46
-0.45%
Solana
SOL
$160.76
-3.39%
USDC
USDC
$0.9998
+0.00%
TRON
TRX
$0.3002
+1.99%
Dogecoin
DOGE
$0.1766
-1.65%
Cardano
ADA
$0.5734
-2.06%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now