Solana Could Soon Rule Wall Street’s Stablecoin Market: Bitwise CIO
Solana has drawn fresh praise from one corner of the crypto world this week, with a senior asset manager saying the chain could become Wall Street’s go-to network for stablecoins and tokenized real-world assets. The comment comes as market participants weigh speed and settlement features alongside raw on-chain dollar totals. Related Reading: Big Move: Ethereum […]
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Bitwise’s CEO, Matt Hougan, believes that ‘Solana is the new Wall Street’, as the ecosystem is quickly becoming the investor-favorite for tokenization and stablecoin-related activity. The statement came during a discussion with Akshay Rajan from Solana Labs, during which Hougan also said that: And then they (people) wanna ask how they invest. […] And when […]
Institutional confidence in Solana (SOL) continues to surge as Bitwise clients invest a massive $69.5 million, supporting the blockchain as a frontrunner among alternative Layer-1 assets. The investment shows a growing appetite for scalable, low-cost blockchain solutions beyond Bitcoin and Ethereum. Related Reading: Solana Just Solved Its Biggest Data Problem, Says Helius CEO Solana has […]
Bitwise Asset Management has updated its proposed Solana exchange-traded fund (ETF) to explicitly include “Staking” in the fund’s name and disclosed a 0.20% unitary sponsor fee—one of the lowest headline fees yet seen for a US crypto ETF. Bloomberg’s James Seyffart flagged the amendment late Wednesday, writing: “NEW: Bitwise files an update to their Solana […]
Il CEO della società di gestione degli investimenti VanEck, Jan van Eck, ha dichiarato ieri a Fox Business che Ethereum (ETH) è a tutti gli effetti “il token di Wall Street”. Le sue parole arrivano mentre ETH si avvicina a un nuovo massimo storico (ATH), attirando nuovamente l’attenzione di investitori retail e istituzionali. Ethereum, essenziale […]
Bitwise Asset Management has filed paperwork with the Securities and Exchange Commission for a new fund that mixes stocks and crypto assets tied to stablecoins and tokenization. Related Reading: China’s Biggest Bitcoin Treasury Firm Plans $500M Stock Sale To Buy More Crypto Reports say the proposal, if cleared, would mark one of the first US […]