Alphabet Inc’s Google division is making nice strides with its AI chatbot, Gemini. Amongst Giant Language Mannequin AIs (LLMs), it competes with the likes of ChatGPT, Meta AI, and X’s Grok.

As such, CryptoPotato determined to inquire about what cryptocurrency might be the following to have an exchange-traded fund within the States to trace its efficiency.

Alphabet’s Gemini Will get to Work

Whereas Nvidia AI chips are hottest for loading and calibrating AI chatbots, the Mountain View, California firm is training Gemini by itself chips.

Google introduced final week that it’s rolling out Gemini assist to Google Workspace customers to shine emails. The chatbot, just like its rivals, will be requested all kinds of questions, together with such regarding the cryptocurrency business.

Google Chatbot Guesses Solana ETF Subsequent

If you happen to ask crypto market watchers like New York Metropolis-based futurist blogger Dominic Basulto: “What crypto will get an ETF subsequent,” many would place their bets on Solana.

Google Gemini agrees. “As of now, Solana appears to be the most probably cryptocurrency to get an ETF subsequent,” Gemini mentioned Sunday when prompted with the query, “What crypto would you say is most probably to get an ETF subsequent?”

There’s been a whole lot of buzz about an ETF within the works for the world’s fourth-largest non-stablecoin cryptocurrency. Amongst different contenders like Ripple (XRP), Cardano (ADA), Litecoin (LTC), and Avalanche (AVAX) – Solana (SOL) takes the cake.

In Brazil, the federal government regulator not too long ago granted approval for a second such product.

In the meantime, VanEck, one of many preliminary cadre of Bitcoin ETF issuers, stays actively dedicated to shepherding its Solana ETF via the SEC’s approval course of.

Right here’s a fast overview of the explanations Gemini gave for its reply:

• “Market demand: Solana has a big market demand and a rising group.”
• “Regulatory progress: Current developments within the regulatory panorama, significantly the approval of spot Bitcoin and Ethereum ETFs, recommend a possible shift in the direction of a extra favorable stance on altcoins.”
• “Institutional curiosity: Solana has garnered important curiosity from institutional buyers, which may affect regulatory choices.”

Nevertheless, the Google chatbot couched its guess with this caveat: “Nevertheless, it’s necessary to notice that the regulatory panorama can change quickly, and different cryptocurrencies may additionally grow to be viable candidates for ETFs.”

“It’s at all times advisable to remain up to date on the most recent information and developments within the crypto market and regulatory panorama,” Gemini says.