SEC Acknowledges Grayscale’s Solana ETF Filing, Hinting at Potential Regulatory Sea Change

February 8, 2025 The Daily Hodl

Bitcoin

The U.S. Securities and Exchange Commission (SEC) is acknowledging crypto asset management firm Grayscale’s bid to create an exchange-traded fund (ETF) for the smart contract platform Solana (SOL). In a new thread on the social media platform X, Bloomberg ETF analyst James Seyffart says the SEC formally acknowledging the bid is noteworthy because the regulatory […]

The post SEC Acknowledges Grayscale’s Solana ETF Filing, Hinting at Potential Regulatory Sea Change appeared first on The Daily Hodl.

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

Solana ETFs may take until 2026: Bloomberg Intelligence

January 16, 2025 Coin Telegraph

Altcoins

With lawsuits still pending over Solana’s classification as a security, SOL ETFs will likely have to wait until next year for their debut.

Solana (SOL) exchange-traded funds (ETFs) may not launch in the United States until 2026 even under a crypto-friendly White House, James Seyffart, Bloomberg Intelligence analyst, said on Jan. 16.

Issuers “might see movement” on languishing Solana ETF filings after President-elect Donald Trump takes office on Jan. 20, Seyffart said during an interview with Blockworks.

However, “the timeline could extend into 2026 due to the SEC’s precedent of taking […] 240–260 days to review filings,” Seyffart said.

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

3 crypto predictions going into 2025: SOL ETFs, AI trading, new threats

December 31, 2024 Coin Telegraph

3 crypto predictions

2025 may usher in significant crypto developments, like the first Solana-based ETF and more advanced AI crypto trading bots, but it could also bring new threats.

Super advanced artificial intelligence crypto trading bots and a potential United States-listed Solana exchange-traded fund (ETF) may boost crypto’s fortunes in 2025, according to crypto industry observers.

Meanwhile, hackers, fueled by similarly advanced AI tech, may see another banner year of thefts and exploits.

From the best to the worst and finishing with the most inspiring development, here are the three most significant crypto predictions for 2025.

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

SEC to reject bids for spot Solana ETFs — Report

December 6, 2024 Coin Telegraph

bitcoin etf

The US financial regulator has reportedly notified at least two of five issuers seeking approval for a spot SOL exchange-traded fund.

The United States Securities and Exchange Commission (SEC) is set to reject applications in line for a spot Solana exchange-traded funds (ETFs).

The agency has notified at least two of five issuers seeking approval for a Solana (SOL) ETF, according to Fox News reporter Eleanor Terrett.

“The consensus here, I’m told, is that the SEC won’t entertain any new #crypto ETFs under the current administration,” Terrett said on Dec. 6.

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

Crypto Giant Grayscale Seeking To Convert Its Solana Trust Into ETF, According to New Filing

December 5, 2024 The Daily Hodl

Altcoins

Leading crypto asset manager Grayscale just submitted a 19b-4 filing to the U.S. Securities and Exchange Commission (SEC) to convert its Solana Trust into a spot exchange-traded fund. The Digital Currency Group (DCG) subsidiary’s Solana Trust is currently the largest Solana investment fund by assets under management (AUM). It manages $134.2 million worth of SOL, […]

The post Crypto Giant Grayscale Seeking To Convert Its Solana Trust Into ETF, According to New Filing appeared first on The Daily Hodl.

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

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.

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

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:

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

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.

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

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.

Crypto Analyst Says Top Ethereum Competitor To Plunge Lower Before Surging Higher, Updates Outlook on Bitcoin

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.

sol etf