Bitwise CEO: "This Altcoin Has an Advantage Against Ethereum! Could Overtake ETH in ETFs!"

ETF approvals for altcoins like XRP and Solana (SOL) were expected to come very soon after the SEC asked ETF issuers to withdraw their 19b-4 applications. However, the US government shutdown has negatively impacted government agencies like the ￰0￱ many other government agencies, the SEC will furlough many employees and continue to operate with a limited ￰1￱ it was stated that this could delay the decisions on the altcoin ETFs awaiting approval, Bitwise CEO Hunter Horsley made important statements regarding the Solana ￰2￱ Solana and Ethereum, Bitwise CEO stated that Solana has a more favorable design for investors and that it has an advantage over Ethereum in the ETF ￰3￱ ETFs allows investors to earn profits by staking cryptocurrencies without the hassle of ￰4￱ has been the leading choice because it's the largest proof-of-stake network.

However, Solana is rapidly gaining on ￰5￱ at the Token2049 event in Singapore, Hunter Horsley stated that Solana has a faster staking ￰6￱ this point, the famous CEO stated that Solana is faster than Ethereum in the staking process and said that SOL is more advantageous than ￰7￱ noted that they need to be able to quickly return their assets to investors, and stated that delays in the Ethereum system pose a major challenge for ￰8￱ said Solana's speed and lower costs could allow it to launch staking ETFs faster than ￰9￱ that happens, investors could more easily access SOL rewards through regulated ￰10￱ recently stated that if Solana were to launch staking ETFs before Ethereum, it would be a major turning point for the crypto market, as investors would have a safe and easy way to earn rewards from ￰11￱ SEC is preparing to rule on several pending ETF applications in the coming weeks, including proposals for Solana and Ethereum ETFs that include staking ￰12￱ August, the SEC postponed its staking decision on two Grayscale Ethereum ETFs and BlackRock's iShares Ethereum Trust until the end of October. *This is not investment ￰13￱ Reading: Bitwise CEO: "This Altcoin Has an Advantage Against Ethereum!

Could Overtake ETH in ETFs!"