ETF

A VanEck executive has reiterated an SEC leadership change is vital for Solana ETF approval. In hopes of a change in SEC leadership, many crypto proponents are rallying behind Donald Trump. VanEck’s Matthew Sigel says the company’s filing for Solana ETF is a big bet on Donald Trump’s reelection. Notably, VanEck recently became the first firm to file a SOL ETF application in the US, as previously reported by Crypto News Flash. VanEck’s Solana ETF Filing VanEck revealed intentions to…

Spot Ethereum (ETH) ETF applications are expected to be approved on July 15 as revised S-1 forms are scheduled to be submitted on July 8, with final submission expected to be on July 12.  Crypto Exchange Gemini believes that in the first six months of trading, Ether ETFs could record net inflows of $5 billion.  The S-1 filings for spot Ethereum (ETH) ETFs may be approved, as the president of The ETF Store, Nate Geraci, anticipates a decision in mid-July. …

The crypto industry is on the verge of a potentially significant development as key figures in the sector hint at the imminent approval of a spot Ethereum ETF in the United States, possibly triggering a notable price rally for ETH. Nate Geraci, president of The ETF Store, shared insights into the expected timeline for the launch of the first spot Ethereum ETF. According to Geraci, current forecasts by Bloomberg predict a mid-July launch. He detailed the procedural timeline via X,…

The post Bitcoin ETF Flows Show Mixed Trends Amid Price Drop appeared first on Coinpedia Fintech News On July 2, 2024, Bitcoin ETF flows revealed mixed trends with a total net outflow of $13.7 million. IBIT led inflows with $14.1 million, followed by FBTC ($5.4 million) and HODL ($3.5 million). ARKB gained $2.5 million. In contrast, GBTC saw a substantial outflow of $32.4 million, with BITB also losing $6.8 million. ETFs like BTCO, EZBC, BRRR, BTCW, and DEFI reported neutral…

Ethereum (ETH) price has encountered a setback after briefly surpassing the $3,500 mark on Monday, dropping once again to the $3,400 support level on Tuesday. The delay stems from the expected full approval by the SEC for Ethereum ETF applications, which have now been postponed to July 8. SEC Requests Revised Filings Analysts had initially anticipated approval by July 2, but the SEC has requested issuers to submit revised filings by July 8. Bloomberg ETF expert Erich Balchunas shared on…

The post Is Solana ETF the Next Big Thing? $1000 Price Prediction Rocks Crypto World! appeared first on Coinpedia Fintech News Solana with a market cap of $69 billion currently stands at 5th in CoinmarketCap’s ranking, and could soon rise to third place, driven by excitement around Solana ETFs and its robust blockchain technology.  However, a former Goldman Sachs executive, and crypto analyst, Raoul Pal believes Solana’s upcoming “Banana Zone” could push its price to surge near $1000. Solana ETF…

The SEC’s receipt of Hashdex’s application is a key step toward potentially approving a combined Bitcoin and Ethereum ETF, impacting the crypto market. Despite past rejections, the recent approval of spot Bitcoin and Ethereum ETFs suggests a favorable shift in the regulatory landscape for future crypto ETPs. According to the recent update on Binance news, the US Securities and Exchange Commission (SEC) has confirmed receipt of the 19b-4 application from Hashdex Nasdaq Crypto Index US ETF, initially announced by Nate…

The post BlackRock Plans To Index Private Markets, Solana ETF Next Up? appeared first on Coinpedia Fintech News BlackRock is in the final stages of acquiring index firm Preqin and the CEO has announced the firm’s plan to index the private market after the acquisition. The plan is to bring the principles of indexing iShares to the private markets as it remains a significant part of public markets. BlackRock decided to pursue this indexing of the private market after discovering…

The post VanEck’s Matthew Sigel Confirms Solana ETF A Bet On Trump Winning The Election appeared first on Coinpedia Fintech News VanEck’s Mathew Sigel has confirmed the speculation that the company’s Solana spot ETF proposal bets on Trump’s victory. The analysts have said that the approval odds for each ETF are ‘near zero’ if a Democrat victory leaves Joe Biden in the office and ‘better, but not guaranteed’ if Trump wins the election. Trump will likely appoint a new SEC…