Mike Novogratz supports CI Galaxy Solana ETF launch on TSX
@novogratz: Novogratz backs Solana ETF
Mike Novogratz, founder of Galaxy Digital, announced his support for the launch of the CI Galaxy Solana ETF (SOLX) on the Toronto Stock Exchange (TSX).
This development marks a significant milestone for Solana, a public blockchain known for its high performance and scalability. The introduction of the ETF is seen as a positive step forward for staking and the future of public cryptocurrency markets.
Novogratz, an influential voice in the crypto market, expressed his congratulations to CI Global Asset Management for their role in the launch of this new investment vehicle. ''This is a milestone for Solana, staking, and the future of public crypto markets,'' he commented.
Solana's rising popularity in the crypto space, alongside its technological capabilities, is expected to attract more institutional interest through the ETF. The CI Galaxy Solana ETF aims to provide investors with an opportunity to gain exposure to Solana, enhancing its accessibility in the public markets.
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In the previous news, tweet author Mike Novogratz discussed investment opportunities in the changing market landscape.
