ETF

Solana ETF forms have been removed from the Chicago Board Options Exchange (Cboe) website, causing speculation about a potential delay in their launch. VanEck and 21Shares were the only two companies to file applications for SOL ETFs, leading many to believe it would follow Bitcoin and Ethereum as the next crypto-based financial instrument to hit the market. Solana ETF Prospects Diminish Following Cboe Move Recent reports indicate that Forms 19b-4 for VanEck and 21Shares Solana ETFs were removed from the…

The post Solana ETF is Not Coming SOON : Filing Documents Removed! appeared first on Coinpedia Fintech News Solana ETFs might not be hitting the market soon. It looks like the SEC is not ready to approve a third crypto ETF. Even though BTC and ETH ETFs are rocking the market, filing of Solana ETF has been removed from CBOE website. Application For SOL ETF On July 8th this year, VanEck and 21Shares submitted form 19b-4 to SEC. These firms…

Franklin Templeton, a leading US asset management firm, has filed an application with the Securities and Exchange Commission (SEC) to launch a Crypto Index Exchange-Traded Fund (ETF). This move highlights growing institutional interest in crypto ETFs, particularly those involving assets like Bitcoin. Franklin Templeton’s Crypto Index ETF Reflects Growing Institutional Interest On August 16, Franklin Templeton submitted its application to introduce the “Franklin Crypto Index ETF,” aiming to offer investors diversified exposure to multiple cryptocurrencies. Initially, the index will focus…

The post CBOE Pulls Down Solana ETF Filings By VanEck And 21Shares! appeared first on Coinpedia Fintech News The Chicago Board Options Exchange (CBOE) has pulled down the 19b-4 filings for Solana ETF submitted by VanEck and 21Shares from its website. VanEck filed a proposal in June, to launch a spot Solana ETF in the U.S., making it the first asset manager to do so in the region. 24 hours later, 21Shares followed suit, filing for Solana ETF with the…

The post MicroStrategy ETF MSTX Record $34M In Trading Activity As Traders Seek Volatility appeared first on Coinpedia Fintech News Bloomberg’s ETF Strategist Eric Balchunas highlighted the strong performance of the Microstrategy ETF as it got impressive trading volumes within two days of launch. During its second day of trading, MSTX registered $34 million in trading activity, surpassing its first-day figures and other ETFs like NVDL, which had a fraction of activity in its first two days. Balchunas also speculated…

The cryptocurrency market is filled with new opportunities, but it takes a seasoned eye to spot the next big thing before it explodes. A top crypto trader on X, who accurately predicted the approval of spot Ethereum ETFs in the U.S., has recently made bullish comments about PEPE rival MoonTaurus (MNTR). The trader mentioned having a "good feeling" about the meme coin following remarkable success in its ongoing presale, including a 100% spike as the presale entered its second phase.…

As of Friday, BlackRock’s ETF (exchange-traded fund) became the largest collective holder in the market, surpassing Grayscale for the first time in on-chain holdings. The rising interest in Bitcoin (BTC) and Ethereum (ETH) continues to fuel institutional demand following the approvals of ETFs. This shift highlights the growing confidence in these digital assets among major investors. BlackRock Dethrones Grayscale in ETF Holdings Arkham Intelligence reported that BlackRock ETF holdings, IBIT and ETHA, ascended to $21,217,107,987 on Friday. The surge saw…

On August 15, exchange-traded fund issuer Defiance ETFs announced the launch of MSTX, MicroStrategy’s first-ever leveraged single-stock ETF. This development followed approval from the US Securities and Exchange Commission (SEC). Designed to provide 175% long daily exposure to MicroStrategy’s stock, MSTX offers investors amplified access to the company’s performance, closely tied to Bitcoin’s volatility. MicroStrategy’s Bitcoin Strategy Drives ETF Interest MicroStrategy is a Virginia-based software company famous for its aggressive Bitcoin acquisition strategy. As of Q2 2024, the company holds…

The post SEC Approves First Ever Leveraged MicroStrategy ETF: A New Gateway to Get Bitcoin Exposure appeared first on Coinpedia Fintech News The SEC has approved MSTX, the first leveraged single-stock ETF targeting MicroStrategy, a company known for its significant Bitcoin holdings. This approval is a key moment for both traditional and crypto markets, as MSTX increases MicroStrategy’s daily stock movements by 175%, offering investors a more powerful way to gain exposure to Bitcoin through MicroStrategy’s large holdings. SEC Approves…