Solana

VanEck has filed an application for Solana ETF in the US. Bloomberg ETF said approval might not come until 2025 due to regulatory strain. Bloomberg analyst James Seyffart says the first Solana (SOL) Exchange-Traded Fund (ETF) filed by VanEck might face regulatory hurdles in the US. The analyst highlights 2025 as the possible timeline for the Solana ETF launch. Regulatory Hurdles Plaguing Solana ETF Launch Taking to the X platform, Seffart stated that the Solana ETF launch will depend on…

The post Breaking : 21SHARES Files S-1 for Solana ETF appeared first on Coinpedia Fintech News On June 28th, the ETF Issuer 21Shares filed the S-1 form with the U.S. SEC for the 21Shares Core Solana ETF. This move marks a significant step towards making Solana-based exchange-traded funds (ETFs) available to public investors. 21shares becomes the second firm to launch Solana ETF after VanEck’s significant step in expanding its suite of crypto-related products by filing for the first U.S. exchange-traded…

The post Solana Leads Over XRP and Cardano in the ETF Race, According to GSR appeared first on Coinpedia Fintech News GSR, a leading crypto market maker, suggests that while Cardano and Ripple’s XRP may not see an ETF approval soon, Solana has better chances. GSR’s comprehensive analysis assumes a crypto-friendly regulatory approach in the US, in which ETF approval hinges primarily on two factors – decentralization and market demand. GSR also disclosed that it has a long trade position…

Solana (SOL), a cryptocurrency renowned for its fast transaction speeds, might be on the verge of a significant comeback. Technical analysts are drawing parallels between the current price chart and a previous pattern that preceded a substantial price surge in 2022, sparking optimism for a bullish reversal. Solana: Chart Pattern Suggests Possible Rebound The buzz among analysts centers around a descending triangle pattern visible on SOL’s current chart. This pattern, often observed during a consolidation phase after a downtrend, typically…

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…

Crypto analyst Ali Martinez has warned the crypto community not to get too excited about the recent market recovery trigger by Spot Solana ETFs filing. Bitcoin (BTC) and the broader crypto market witnessed a relief bounce following recent bullish developments, but the analyst highlighted what could send the market into a downtrend again.   Why The Crypto Community Should Not Get “Too Excited” After Solana ETFs Rally Martinez mentioned in an X (formerly Twitter) post that the crypto community should not…

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…

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…