Solana ETF Amendments Roll In For The ‘Final Countdown’—Approval In 2 Weeks?
Since the Bitcoin and Ethereum products hit the exchanges in 2024, the crypto market has been looking to welcome additional spot exchange-traded funds (ETFs). Currently, the XRP and Solana ETFs appear to be next in line to hit the market, pending the approval of the United States Securities and Exchange Commission (SEC). On Thursday, September […]
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The US crypto ETF market is bracing for a decisive stretch after the SEC’s approval of “generic listing standards” last week opened a streamlined path for spot XRP and Solana ETFs—alongside products beyond bitcoin and ether. With exchanges now able to list qualifying commodity-based ETPs without a bespoke 19b-4 approval, applicants for spot XRP and […]
Dogecoin and XRP ETFs under the 33 Act could get the SEC’s approval as soon as next month, based on the final deadline and amid the SEC’s new rule. This comes as fund issuers are expected to file final amendments before the end of this week, representing a positive step towards potential SEC approval. Dogecoin and […]
Bloomberg analyst James Seyffart has commented on the XRP ETF amendment filings and what they could mean in terms of a potential approval. These amendments followed the SEC’s delay of its decision on these funds till October, which is the final deadline. What The XRP ETF Amendment Filings Mean For Approval In an X post, […]
The recent buzz surrounding the potential approval of a Spot Ethereum ETF has not only propelled Ethereum’s price but also sparked significant interest in Solana as a strong follow-up candidate for ETF consideration. Amid this optimism, Daniel Yan, co-founder of Matrixport, has proposed a strategic pivot for investors, suggesting a focus on Solana (SOL) in […]
BitLicense has been there on the news for a while now and recently the outgoing superintendent of New York State Department of Financial Services (NYSDFS) announced the final version of the BitLicense. By finalizing the BitLicense after almost a year of deliberations and amendments, NY became the first State in the United States to regulate cryptocurrency based businesses. Once the BitLicense regulations come into effect in full force, any Bitcoin or digital currency related business wishing to set shop in the State of New York would have to gain approval from the NYSDFS after meeting all....