Solana
CNBC Fast Money trader says Solana ETFs will ‘probably’ be next, sparking debate — TradingView News
Crypto investor and CNBC’s “Fast Money” trader Brian Kelly sparked a debate over Crypto SOLUSD could be the next cryptocurrency to get a spot exchange-traded fund (ETF) in the United States.
Kelly made the prediction during CNBC’s post-market talk show Fast Money on May 22, a day before the Securities and Exchange Commission is expected to decide on at least one proposed Ether spot. 
Oh weird, @cnbc says $SOL is the next ETF.
Hmm, where have I heard that before… pic.twitter.com/aYAedMhcM0
“The question now is who will be next,” asked Kelly, who is also the founder and CEO of the BKCM Digital Asset Fund:
“You have to think of Solana as probably next. Bitcoin, Ethereum and Solana are probably the big three in this cycle.
Some industry observers disagree with Kelly’s prediction.
Nate Geraci, president of The ETF Store, believes that a Spot Solana ETF will not exist until a Solana futures product traded on the Chicago Mercantile Exchange is listed or Congress establishes a legitimate regulatory framework in terms of cryptocurrency.
Only Bitcoin 
Bloomberg ETF analyst James Seyffart agrees with Geraci, noting that such a development would take place “within a few years” after obtaining a regulated market from the Commodity Futures Trading Commission.
Seyffart believes a spot Solana ETF would see more demand than any digital asset outside of Bitcoin and Ether.
However, Seyffart also pointed out that Gary Gensler and the SEC had flagged Solana as collateral in previous lawsuits against Coinbase and Kraken, which could complicate matters for potential future applicants.
Cinneamhain Ventures partner Adam Cochran had a contrarian view, believing in either Litecoin or Litecoin. 
“Much lower demand, but cleaner paths,” Cochran said. Both Litecoin and Dogecoin are powered by a proof-of-work consensus mechanism like Bitcoin.