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Solana ETF Approval Odds Rise Amid Potential Political Shifts, Analyst Says

Solana ETF Approval Odds Rise Amid Potential Political Shifts, Analyst SaysBloomberg’s senior ETF analyst has stated that the odds of a Solana exchange-traded fund (ETF) being approved within the next 12 months are closely linked to the likelihood of a change in the U.S. presidency. He noted that it is “safe to say the chances of both are higher today than they were yesterday.” Potential […]

Bitcoin sinks under $60,000 as $157 million in long positions are liquidated

21shares Files to Launch Solana ETF With SEC

21shares Files to Launch Solana ETF With SEC21shares has filed a registration statement for a solana exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The ETF will trade on the Cboe BZX Exchange and will utilize Coinbase Custody Trust Company for secure custody of SOL. Vaneck also recently filed a registration statement with the SEC to launch a solana […]

Bitcoin sinks under $60,000 as $157 million in long positions are liquidated

Ripple CEO Says XRP, Solana, Cardano ETFs Are ‘Inevitable’

Ripple CEO Says XRP, Solana, Cardano ETFs Are ‘Inevitable’Ripple CEO Brad Garlinghouse foresees the emergence of exchange-traded funds (ETFs) for cryptocurrencies beyond bitcoin and ether, following the U.S. Securities and Exchange Commission (SEC) approval of spot bitcoin and ethereum ETFs. At the Consensus 2024 event, he stated: “I think it’s just a matter of time, and it’s inevitable there’s gonna be an XRP […]

Bitcoin sinks under $60,000 as $157 million in long positions are liquidated

JPMorgan Doubts SEC Will Approve Solana or Other Crypto ETFs

JPMorgan Doubts SEC Will Approve Solana or Other Crypto ETFsGlobal investment bank JPMorgan has expressed doubt that the U.S. Securities and Exchange Commission (SEC) will approve solana ETFs or any other spot crypto ETFs beyond bitcoin and ether. The decision by the SEC to approve ether ETFs “is already stretched given the ambiguity about whether ethereum should be classified as security or not,” said […]

Bitcoin sinks under $60,000 as $157 million in long positions are liquidated