1 New Reason to Buy Solana Right Now, and 1 Reason to Be Cautious

As of Oct. 17, the Securities and Exchange Commission (SEC) has cleared the launch of the first U.S. spot Solana (CRYPTO: SOL) exchange-traded fund (ETF), from asset manager 21Shares. With other ETF approvals likely on the way, there's now an easy way for mainstream investors to buy and hold the coin, and it's likely going to bolster Solana's price, which means there's a brand new reason to purchase some.But, if history is any guide, there's also a little bit of a cloud in this silver lining, so investors need to be slightly cautious at the moment.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool