ETF

21Shares follows VanEck’s lead in filing for a Solana ETF in the US. The move underscores growing optimism for Solana amidst evolving crypto regulations. In line with VanEck’s filing for the first Solana ETF in the US, as reported earlier by CNF, 21Shares has also submitted an application for a Solana ETF in the US. The 21Shares Core Solana ETF aims to provide investors with a convenient and cost-effective method to gain exposure to Solana without directly investing in the…

The post ETH Price Shoots 4% Amidst Whale Activity Spike Ahead Of ETF Approval appeared first on Coinpedia Fintech News A significant whale Abraxas capital has withdrawn a massive 60k ETH from Bitfinex in the past 24 hours which has shot up Ethereum price by 4%. This has resulted in an unrealized profit of nearly $6.5 million for the whale.  The daily trading volume for Ethereum also shot up by 50% to $9.8 billion. Amid Ethereum ETF excitement, whales have…

Some analysts and sources at the SEC have claimed the Ethereum ETFs could launch in July, leading to rising interest in Ether from traders who believe the ETF will give its price a big boost. However, the SEC continues to drag its feet, with sources revealing over the weekend that the agency returned S-1 forms to the applicants, which means there are at least two more stages to go. When the Bitcoin ETF launched early this year, most of the…

Ethereum enthusiasts were cruising down the information superhighway towards a July 4th fireworks celebration of a different kind: the launch of the first spot Ethereum ETF. Investor excitement was dampened when the US Securities and Exchange Commission unexpectedly sent back applicants’ proposals, delaying the much-anticipated debut. Missed Exit: Ethereum ETF July Launch Goes Up In Smoke The news came as a shock to many, as market watchers and analysts alike had confidently predicted a July launch, with some even suggesting…

After VanEck filed for a Solana (SOL) ETF, the cryptocurrency market was filled with excitement. As more people start using it, meme coins such as dogwifhat (WIF) or Angry Pepe Fork (APORK), which are created on top of SOL, may see huge gains, too. In fact, market analysts hint that APORK, which is now in Stage 1 of its presale, may soar by 50x in 2024. Solana (SOL): VanEck Files for the First SOL ETF in the US Solana (SOL)…

The Solana (SOL) price is expected to rise to $1300 once the SEC approves a spot Solana Exchange-Traded Fund (ETF).  According to a GSR report, only Bitcoin (BTC) and Ethereum (ETH) currently satisfy the basic requirements for a spot ETF consideration; however, a pro-crypto president could change the possibilities.  Solana (SOL) recently became a topic of discussion after VanEck’s head of digital asset research, Matthew Sigel, announced that the asset manager has officially filed for the first-ever spot Solana ETF…

Julian Assange, co-founder of WikiLeaks, has regained freedom from a Belmarsh prison in the UK after nearly 12 years of legal battles and confinement. After being forced to take private jets following his release, a mysterious Bitcoin donor stepped in to take care of Assange’s transportation costs. Let’s find out more.  Bitcoin A mysterious Bitcoin donor has stepped in to pay the debt accrued by Julian Assange in private airline bills following his release after over a decade of legal…

The post Solana ETF Might 10x the Price of SOL, Smart Money Double Down on Altcoin Season appeared first on Coinpedia Fintech News The recent filing by VanEck, a prominent New York-based investment management firm, for a Solana exchange-traded fund (ETF) has sparked a surge in Solana’s price. As investors seek to diversify their portfolios, they are turning their attention to altcoins that have the potential to achieve success akin to Solana.  One such altcoin that has shown promising signs…

A recent major shift in the entire crypto market has seen Fidelity risk $4.7 million in its place, Ethereum ETF, according to a new filing in the updated registration document. It shows that Fidelity believes Ethereum is slowly shifting the dynamics of the financial system as the world transforms its economy. On the other hand, there is a VR/AR blockchain platform, the 5thScape, which exhibits a massive precedent in tech investment with an estimated ROI of 30,000 by 2024. This…