• bitcoinBitcoin (BTC) $ 99,405.00
  • ethereumEthereum (ETH) $ 3,219.23
  • tetherTether (USDT) $ 0.999393
  • xrpXRP (XRP) $ 2.31
  • bnbBNB (BNB) $ 923.61
  • usd-coinUSDC (USDC) $ 0.999750
  • staked-etherLido Staked Ether (STETH) $ 3,214.94
  • tronTRON (TRX) $ 0.291232
  • dogecoinDogecoin (DOGE) $ 0.163558
  • cardanoCardano (ADA) $ 0.526555

“REX Financial CEO Advises Caution for Crypto ETF Issuers, Favors Solana as Future Stablecoin Platform”

REX Financial CEO Greg King advises caution for crypto ETF issuers, emphasizing that the market gets risky outside the top 10 to 20 cryptocurrencies. He suggests careful selection of tokens for funds due to the sketchy nature of many crypto assets. King believes there won’t be a surge in ETF filings, but expects multiple funds per coin. He praises Solana as a future stablecoin platform, highlighting its speed and suitability for stablecoins over Ethereum. King anticipates a rise in crypto ETF launches, particularly for Solana, with nine issuers seeking approval for a Solana ETF, expected to be cleared for trading by October.

[Original Post]

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