ETF

Solana-based meme coins have emerged as notable contenders in the crypto market, outperforming the largest cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) in recent months.  With coins like Bonk Inu (BONK) soaring nearly 7,000% year-to-date, the potential approval of Solana ETFs filed by asset managers VanEck and 21Shares in the United States, is seen as a potential catalyst for these tokens, according to market expert Leshka.  In a recent analysis, Leshka explained that Solana memes have become the dominant…

The post After BTC and ETH, Solana ETF is Finally Launching! appeared first on Coinpedia Fintech News Two hours ago, the head of digital assets research at VanEck, Matthew Sigel, informed twitter that CBOE has filed their 19b-4 form for Solana ETF. Source : Twitter Things are getting really serious about the Solana ETF this week. Investment giants VanEck and 21Shares are making a big move by filing 19b-4 forms with the U.S. Securities and Exchange Commission (SEC) to launch…

The amendments to the S-1 forms that the SEC turned back to the Ethereum ETF applicants are due today, and the market is hopeful that this will be the last hurdle before the SEC’s green light. Most ETF experts hold firm to their prediction of an Ether ETF launching before the end of the month, which could boost ETH, which has lost over 16% in the past seven days. Today marks an important day in the journey towards Ethereum spot…

The post Bitcoin Whales Positioned ETF Investors To Bear The Losses: Peter Schiff appeared first on Coinpedia Fintech News Peter Schiff, in an X post, noted that based on the recent trading patterns and ETF inflows, experienced investors are selling Bitcoin on the spot market, while the less experienced ones are purchasing it through ETFs. He implied that whales have strategically positioned ETF investors to bear the brunt of potential losses. Schiff also pointed out that many people who profited…

The winds of change might be blowing for Polkadot (DOT), a popular blockchain network for connecting different blockchains. After a rough couple of months marked by a nearly 50% price decline from its April peak, DOT is exhibiting signs of a potential resurgence. This positive outlook stems from a confluence of three key factors: whispers of a DOT-focused exchange-traded fund (ETF) on Coinbase, a bullish technical chart pattern, and healthy levels of liquidity in the market. ETF Buzz Ignites Investor…

Three Ethereum altcoins – Floki Inu (FLOKI), Pepe (PEPE), and Shiba Inu (SHIB) have been tipped for significant returns after the Ether ETF approval. According to data, FLOKI could surge by 222%, Shiba Inu by 65%, and Pepe by 200% by July 28.  On May 23, the US Securities and Exchange Commission (SEC) took the first step to approve spot Ethereum (ETH) Exchange-Traded Funds (ETFs), pending the subsequent approval of the amended S-1 documents for trading to commence. According to…

The post Bitcoin Crashes Below $54K Amid Spot Bitcoin ETF Surge, Time to Buy? appeared first on Coinpedia Fintech News Bitcoin dropped to around $53,600 on July 4, marking its first dip below $54,000 since February 25. The largest cryptocurrency by market value then recovered slightly, trading at approximately $56,750. However, it remains 23% below its all-time high of over $73,000 in March. This recent decline in Bitcoin’s price coincides with a surge in inflows for Spot Bitcoin ETFs on…

The post Bitcoin Bottoms Out? Analysts Predict Altcoin Explosion with Ethereum ETF Launch appeared first on Coinpedia Fintech News As Bitcoin teeters around $56,600 after a brief dip to $53,500, the crypto world is abuzz with bold predictions that could set the stage for a thrilling market shift. With speculation swirling that Bitcoin may have reached its nadir and the eagerly anticipated Ethereum ETF on the horizon, altcoins are gearing up for a potential breakout. An explosion could be brewing!…

The post Why is the Ethereum Price Dropping? Will ETH ETF Approval Bring Reversal? appeared first on Coinpedia Fintech News Right now, Ethereum is going through a tough situation. Its price has fallen to a severe low of $2,875. In the last 24 hours alone, it has witnessed a fall of over 10.2%. This month is very crucial for Ethereum. There were reports that the Spot Ethereum ETFs would be launched in July 2024. The US Securities and Exchange Commission…