Solana Spot ETF Nears Launch As Potential Issuers File Amended S-1 Forms With...
Several leading asset managers are moving closer to launching a Solana Spot ETF following recent developments on Friday. Notably, multiple prospective issuers have now submitted amended S-1 registration statements to the US Securities and Exchange Commission, indicating an ongoing dialogue between both parties. Related Reading: Solana Client Agave Smashes 1.1 Million TPS, Matching Firedancer’s Record […]
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With the Spot Bitcoin and Ethereum ETF already trading, there have been discussions about whether or not fund issuers will apply for other crypto ETFs. Specifically, market experts have questioned if the world’s largest asset manager, BlackRock, will file for spot ETFs for other altcoins like Solana and XRP. BlackRock Unlikely To File For Spot […]
Leading cryptocurrency asset, Solana takes center stage in Brazil as the country’s financial regulatory body has greenlighted the launch of the first Spot SOL Exchange-Traded Funds (ETF). With this clearance, Brazil becomes one of the few countries offering a regulated investment vehicle directly connected to Solana, marking a significant milestone for the nation. Spot Solana […]
Multiple crypto exchange-traded funds (ETFs) are set to launch this week despite the government shutdown, with investment products based on Solana (SOL), Litecoin (LTC), and Hedera (HBAR) seemingly ready to start trading as soon as Tuesday. Related Reading: Crypto Analyst Shows The Possibility Of The Ethereum Price Reaching $16,000 Big Week For Crypto ETFs On Sunday night, Nate Geraci affirmed that the next two weeks will be key for the long-awaited spot crypto-based ETFs as Solana, XRP, LTC, and other ETF filings are “all lined up & ready for launch.” Similarly, Bitwise CEO, Hunter....
As Solana (SOL) taps the $225 barrier, Bitwise’s CIO forecasted that a bullish Q4 rally might be brewing for the altcoin if it follows Bitcoin (BTC) and Ethereum’s (ETH) recipe. Related Reading: Bitcoin Breakdown Averted? Analyst Says This Level Will Determine BTC’s Fate Solana To Follow BTC, ETH’s Recipe? On Tuesday, Matt Hougan, CIO at Bitwise, affirmed in a new memo to clients that the recipe for strong returns has been clear over the past 18 months: “Take one part ETP inflows, add strong corporate treasury purchases, and voilà—you get big returns.” Hougan explained that BTC followed....
The Chicago Board Options Exchange (CBOE) has confirmed the launch date for Spot Ethereum ETFs, revealing when five Spot ETH ETFs will commence trading in the crypto market. CBOE Finalizes Launch Date For Spot Ethereum ETFs On July 19, the CBOE released a new issue notification on its official website concerning the launch of Spot Ethereum ETFs trading. According to the notification, five Spot ETH ETFs will begin trading on the Chicago Board Options Exchange on July 23, 2024, pending regulatory effectiveness. Previously, analysts, including Bloomberg Senior ETF analyst, Eric Balchunas,....