These crypto ETFs are ‘call options’ on the US elections

November 5, 2024 Coin Telegraph

bitcoin etf

The US presidential race could determine the fate of more than half a dozen proposed crypto ETFs.

The United States presidential election on Nov. 5 could determine the fate of more than half a dozen proposed cryptocurrency exchange-traded funds (ETFs) waiting on a green light from regulators.

In 2024, asset managers submitted a flurry of regulatory filings to list ETFs holding altcoins, including Solana (SOL), XRP (XRP), and Litecoin (LTC), among others.

Issuers are also waiting on approval for several planned crypto index ETFs designed to hold diverse baskets of tokens.

Dogecoin (DOGE) Rival FLOKI Rips After Coinbase Announces Potential Future Listing

First major step taken toward XRP ETFs: CME director

October 16, 2024 Coin Telegraph

CME

After the launch of spot Bitcoin and Ether ETFs, investors await the potential debuts of XRP and Solana ETFs, which could significantly impact crypto markets.

Following the debut of the first cryptocurrency-based exchange-traded funds (ETFs) in the United States, investors are now anticipating the next digital asset trading product.

When asked about the possibility of an XRP (XRP) ETF, Tim McCourt, senior managing director at CME Group, said the first major step had been taken.

During a panel discussion at Ripple Swell 2024, McCourt said:

Dogecoin (DOGE) Rival FLOKI Rips After Coinbase Announces Potential Future Listing

US Solana ETFs have ‘snowball’s chance in hell’ of approval, says analyst

August 21, 2024 Coin Telegraph

approval

Solana ETF approvals are extremely unlikely this year, though VanEck’s head of digital assets, continues to believe in them.

United States Solana exchange-traded funds (ETFs) have a “near-zero” chance of getting greenlit under the current administration after the regulator reportedly rejected a filing necessary for their approval.

“A snowball’s chance in hell of approval unless there’s a change in leadership,” said Bloomberg ETF analyst Eric Balchunas in an X post on Aug. 20.

Only days earlier on Aug. 16, reports emerged that Cboe had removed the 19b-4 filings for two prospective Solana ETFs from its website’s “Pending Rule Changes” page.

Dogecoin (DOGE) Rival FLOKI Rips After Coinbase Announces Potential Future Listing

Analyst tips Solana ETF deadline for mid-March after new filings

July 9, 2024 Coin Telegraph

21 shares solana

Bloomberg ETF analyst Eric Balchunas maintains that the outcome will likely be decided by whether Donald Trump is elected president in November.

Spot Solana exchange-traded funds (ETFs) should receive a final decision from the United States SEC around the middle of March 2025 after the Chicago Board Options Exchange (CBOE) filed applications on Monday to list VanEck and 21Shares’ proposed ETFs.

CBOE filed two Form 19b-4 applications on July 8, one for the 21Shares Core Solana ETF and another for the VanEck Solana Trust.

The CBOE likened the prospective Solana (SOL) funds to spot Bitcoin (BTC) and spot Ether (ETH) ETFs, which the SEC approved in January and May, respectively. It said that Solana’s decentralization, throughput and speed made it resistant to manipulation that could harm investors.

Dogecoin (DOGE) Rival FLOKI Rips After Coinbase Announces Potential Future Listing

VanEck Executive Says Firm’s Solana (SOL) ETF Filing a Bet on Trump Winning 2024 Elections

July 3, 2024 The Daily Hodl

Altcoins

Matthew Sigel, the head of digital assets research at investment giant VanEck, has confirmed that his firm’s Solana (SOL) exchange-traded fund (ETF) filing is a bet on Donald Trump winning the presidency. VanEck became the first company in the United States to file for a SOL ETF when it submitted an S-1 registration statement to […]

The post VanEck Executive Says Firm’s Solana (SOL) ETF Filing a Bet on Trump Winning 2024 Elections appeared first on The Daily Hodl.

Dogecoin (DOGE) Rival FLOKI Rips After Coinbase Announces Potential Future Listing

Investment Giant VanEck Files for Solana Exchange-Traded Fund, Triggering Modest Price Jump for SOL

June 28, 2024 The Daily Hodl

Altcoins

Investment giant VanEck is seeking approval for a spot Solana (SOL) exchange-traded fund (ETF), according to a new filing with the U.S. Securities and Exchange Commission (SEC). The company submitted an S-1 registration statement to the securities regulator on Thursday related to the SOL ETF, which would be called the VanEck Solana Trust. VanEck, who […]

The post Investment Giant VanEck Files for Solana Exchange-Traded Fund, Triggering Modest Price Jump for SOL appeared first on The Daily Hodl.

sol etf