ETF

In a significant development for the cryptocurrency industry, investment firm 21Shares filed an S-1 registration form for a Spot Solana ETF with the US Securities and Exchange Commission (SEC) on Friday.  The 21Shares application follows a similar filing by Bitcoin ETF issuer and asset manager VanEck on Thursday, indicating a growing interest in Solana as a potential competitor to the anticipated Ethereum ETF market, which is expected to begin trading in July. 21Shares Introduces Core Solana ETF The 21Shares Core…

VanEck has submitted an application to the SEC to launch the first spot Solana ETF in the United States, aiming to expand its cryptocurrency investment products and capitalize on Solana's blockchain utility.  After ETH, BTC, Now SOL ETF VanEck, a notable pioneer in the cryptocurrency exchange-traded fund (ETF) market, has recently taken a significant step in its crypto ETF journey by filing an application for a Solana ETF with the U.S. Securities and Exchange Commission (SEC). The firm submitted an…

According to a latest report, an ETF that seeks to enable investors to gain exposure to both Bitcoin and Gold simultaneously has been filed.  The preliminary SEC prospectus discloses that the blending of low-correlation assets is meant to offset short-term price fluctuation.  A newly proposed Exchange-Traded Fund (ETF) that seeks to expose traders and investors to Bitcoin (BTC) and Gold has been filed. According to a document at our disposal, the STKD Bitcoin&Gold ETF, proposed to be jointly launched by…

The post T-Rex Group Files for Potentially Most Volatile ETF in U.S. History  appeared first on Coinpedia Fintech News Financial services firm T-Rex Group has filed for a leveraged MicroStrategy (MSTR) exchange-traded fund in the United States. This ETF could potentially be the most volatile ETF ever seen in the country.  Read on to learn what experts think about this development and to do an in-depth comparative analysis! What Experts Think About T-Rex Group’s MSTR? Eric Balchunas, a Bloomberg ETF…

The post Matt Hougan Shares the Timeline for Solana and XRP ETF appeared first on Coinpedia Fintech News Matt Hougan, Chief Investment Officer at Bitwise Asset Management, expressed a bullish outlook on Bitcoin ETF inflows for the second half of 2024 despite market volatility. He noted that while there is current fear sentiment, historical trends suggest that pullbacks, especially those seen in summer, often present buying opportunities rather than indicators of long-term decline. Hougan believes with newly approved ETH ETFs…

VanEck has filed an application for a Spot Solana ETF. This is on the heels of the already approved Spot Ethereum ETFs. With a predicted date for approval and then potential launch in mid-2025, what could the impact of this be on the price of $SOL? The crypto markets are buzzing. A quite unexpected filing for a Spot Solana ETF from fund manager VanEck has rocked the market, causing retail investors and institutions to sit up and take notice. Blinks…

Ripple’s new RLUSD stablecoin aims to enhance XRP’s utility and market presence. The potential launch of an XRP ETF could attract significant investor interest. Ripple president Monica Long says that XRP has been trading in the top 10 for so long. The probability of an XRP ETF is super high, and due to its various use cases, many investors would likely put their money in it. This development proceeded with Ripple’s Monica Long announcing an innovative stablecoin to ‘complement’ XRP…

In a recent filing with the US Securities and Exchange Commission (SEC), the BlackRock Global Allocation Fund disclosed its ownership of 43,000 shares of the asset manager’s Bitcoin ETF, iShares Bitcoin Trust, as of April 30.  This announcement follows two previous filings by BlackRock on May 28, which disclosed the fund’s exposure to Bitcoin in its Strategic Global Bond Fund and Strategic Income Opportunities Portfolio. BlackRock Bitcoin ETF Investment Plan The investment giant’s move towards Bitcoin integration became evident in…

Ethereum (ETH)’s struggles to regain the last cycle’s heights have brewed a bearish sentiment among some sectors of the crypto community. Its performance during Q2 has seemingly continued to fuel the sentiment. However, with rumors of an ETH ETF (Exchange-Traded Fund) approval being around the corner, analysts believe the ‘King of Altcoins’ is about to hit the “ETH season.” Will Ethereum Spot ETF Come Next Week? On Wednesday, Reuters revealed sources close to some investment firms believe that Ethereum ETFs…