VanEck

In a new report dated July 24, 2024, from VanEck, the investment firm’s digital assets research team, headed by Matthew Sigel and Patrick Bush, sets forth an exceptional prediction: Bitcoin could soar to a value of $52.38 million per coin by 2050 in their most bullish scenario. The analysis, titled “Bitcoin 2050 Valuation Scenarios: Global Medium of Exchange and Reserve Asset,” paints a picture of Bitcoin transforming into a cornerstone of the global monetary framework, functioning as both a major…

Cboe files for approval with the SECs to list Solana-based ETFs. The potential listing of Solana ETFs will expand Cboe’s product portfolio in the cryptocurrency space. Leading asset management firms VanEck and 21Shares are set to introduce Solana ETFs in the United States. The Chicago Board Options Exchange (Cboe) has now officially filed for approval with the Securities and Exchange Commission (SEC) to list Solana-based ETFs. The Cboe then filed for two 19b-4 waivers with the SEC to list these…

Matthew Sigel of VanEck Investments predicts that over the next two decades, up to $6 trillion could enter the crypto market through inheritance, as millennials and GenXers inherit a projected $84 trillion. Young investors aged 21-43 are expected to allocate a significant portion of this windfall to cryptocurrencies, with potential annual inflows of $300 billion. Matthew Sigel, the head of Digital Assets at VanEck Investments, believes that over the next 20 years, more than $6 trillion could flow into the…

VanEck remains optimistic as Bitcoin (BTC) price continues to nosedive in the aftermath of woes around the German government and Mt. Gox. Market corrections are a dreaded scenario, spelling fear among traders. While the otherwise “weak hands” cower, the bold lot seize the opportunity to grow their bags. VanEck Urges Traders: Buy Bitcoin During Market Panic Describing the ongoing Bitcoin crash as “4th of July discounts,” VanEck sees BTC price falling to the $53,000 range as a ‘buy the dip’…

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)…

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…

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 The Real Reason Why VanEck Filed the First Solana ETF in the U.S. appeared first on Coinpedia Fintech News Amid the ongoing mass adoption of digital assets led by institutional investors, VanEck, one of the issuers of spot Bitcoin ETFs, has filed the first Solana (SOL) exchange-traded fund (ETF) in the United States.  According to Matthew Sigel, the head of digital assets research at VanEck US, the firm filed a Solana ETF with the US Securities and Exchange…

VanEck waives fees on its Ethereum ETF to expedite asset growth, aiming for $1.5 billion by 2025. Positioned competitively against rivals like Franklin Templeton, VanEck leverages strategic fee adjustments to attract investors. Following an update from CNF, VanEck has reiterated its commitment to Ethereum, predicting that ETFs for this altcoin will eventually surpass those for Bitcoin, despite Ethereum’s struggle to reclaim the $3,600 level. VanEck announced it will waive fees on its proposed spot Ethereum ETF until it surpasses $1.5…