Austin Reid, global head of revenue at cryptocurrency prime brokerage FalconX, said in an article on X: "The launch of the Solana ETF will be a significant milestone for the SOL ecosystem + marks a major shift for the entire cryptocurrency industry. In addition to new single-asset funds, regulatory clarity will pave the way for actively managed products + new ETFs - both of which will unlock new channels of institutional liquidity."
Matrixport announced the launch of its bulk brokerage service Phoenix Prime on social media.