Cantor Fitzgerald Invests in Solana ETF

Cantor Fitzgerald, a prominent Wall Street firm, has made a significant move by investing in a Solana exchange-traded fund (ETF), marking the first time a major financial institution has publicly reported holding a regulated Solana product. This investment, valued at over $1.28 million, is seen as a step towards legitimizing Solana for mainstream investors and reducing perceived risks associated with digital assets. The move comes as a new wave of Solana ETFs enters the market, reflecting a broader trend in the financial industry to offer more diverse digital asset products.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.