First Solana ETF Goes Live in Brazil: Details

Once Brazilian stock exchange B3 approves, world's first Solana ETF will start trading

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Overall, the approval of the Solana ETF solidifies Brazil’s position as a leader in the crypto ETF market. Brazil is among other countries pushing crypto advancements and the adoption of a clear While Brazil has gained regulatory approval for a spot Solana ETF launch, the U.S. still lags in this regard. Hopes for a spot Solana ETF launch in the U.S. remain uncertain due to regulatory obstacles. This fear comes despite applications for a the idea of floating a Solana-based ETF.

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