Alphabet Inc\u2019s Google department is making great strides with its AI chatbot, Gemini. Among Large Language Model AIs (LLMs), it competes with the likes of ChatGPT, Meta AI, and X\u2019s Grok.<\/p>\n
As such, CryptoPotato<\/em> decided to inquire about what cryptocurrency could be the next to have an exchange-traded fund in the States to track its performance.<\/p>\n While Nvidia AI chips are most popular for loading and calibrating AI chatbots, the Mountain View, California company is training<\/a> Gemini on its own chips.<\/p>\n Google announced last week that it\u2019s rolling out <\/a>Gemini support to Google Workspace users to polish emails. The chatbot, similar to its competitors, can be asked all types of questions, including such concerning the cryptocurrency industry.<\/p>\n If you ask crypto market watchers like New York City-based futurist blogger Dominic Basulto: \u201cWhat crypto will get an ETF next,\u201d many would place<\/a> their bets on Solana.<\/p>\n Google Gemini agrees. \u201cAs of now, Solana seems to be the most likely cryptocurrency to get an ETF next,\u201d Gemini said Sunday when prompted with the question, \u201cWhat crypto would you say is most likely to get an ETF next?\u201d<\/p>\n There\u2019s been a lot of buzz about an ETF in the works for the world\u2019s fourth-largest non-stablecoin cryptocurrency. Among other contenders like Ripple (XRP), Cardano (ADA), Litecoin (LTC), and Avalanche (AVAX) \u2013 Solana (SOL) takes the cake.<\/p>\n In Brazil, the government regulator recently granted<\/a> approval for a second such product.<\/p>\n Meanwhile, VanEck, one of the initial cadre of Bitcoin ETF issuers, remains actively<\/a> committed to shepherding its Solana ETF through the SEC\u2019s approval process.<\/p>\n Here\u2019s a quick review of the reasons Gemini gave for its answer:<\/p>\n \u201cMarket demand: Solana has a significant market demand and a growing community.\u201d However, the Google chatbot couched its guess with this caveat: \u201cHowever, it\u2019s important to note that the regulatory landscape can change rapidly, and other cryptocurrencies could also become viable candidates for ETFs.\u201d<\/p>\n \u201cIt\u2019s always advisable to stay updated on the latest news and developments in the crypto market<\/a> and regulatory landscape,\u201d Gemini says.<\/p>\n The post Google Gemini Names Next Crypto to Get an ETF<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Alphabet Inc\u2019s Google department is making great strides with its AI chatbot, Gemini. Among Large Language Model AIs (LLMs), it competes with the likes of ChatGPT, Meta AI, and X\u2019s Grok. As such, CryptoPotato decided to inquire about what cryptocurrency could be the next to have an exchange-traded fund in the States to track its […]<\/p>\n","protected":false},"author":0,"featured_media":1022,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-1021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/1021"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1021"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/1021\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/1022"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Alphabet\u2019s Gemini Gets to Work<\/h2>\n
Google Chatbot Guesses Solana ETF Next<\/h2>\n
\n\u201cRegulatory progress: Recent developments in the regulatory landscape, particularly the approval of spot Bitcoin and Ethereum ETFs, suggest a potential shift towards a more favorable stance on altcoins.\u201d
\n\u201cInstitutional interest: Solana has garnered significant interest from institutional investors, which can influence regulatory decisions.\u201d<\/p>\n