Yesterday marked a notable day for ETFs as Seven Solana ETF applicants filed S-1 statements with the Securities and Exchange Commission (SEC). But James Seyffart, a Bloomberg ETF analyst, asserts that he doubts approval will come as soon as next week. Seyffart posted on X on June 13, mentioning that
Ethereum (ETH) surged above $2,000 after eight days, reaching an intraday high of $2,032.01 before settling at $2,013.34. The cryptocurrency gained 6.09% in the past 24 hours, with its market capitalization rising to $242.86 billion, reflecting a 6.11% increase. Trading volume also spiked 46.43% to $14.52 billion, signaling renewed investor
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on VanEck’s proposed spot Solana (SOL) exchange-traded fund (ETF). This delay aligns with the regulator’s cautious approach to cryptocurrency ETFs, emphasizing investor protection and market stability. The SEC’s decision to delay the Solana ETF was widely anticipated, as the
Nasdaq has submitted a key 19b-4 filing with the U.S. Securities and Exchange Commission (SEC) to list and trade Grayscale’s spot Hedera (HBAR) exchange-traded fund (ETF). The move marks the second step in the SEC’s approval process. Once acknowledged, the filing will be published in the Federal Register, triggering the
U.S. spot Bitcoin exchange-traded funds (ETFs) faced a significant setback on February 25, reporting their largest-ever daily net outflow of approximately $938 million. This downturn follows a broader crypto market rout that has seen Bitcoin’s price falter, trading below the crucial $90,000 mark. In total, the 11 Bitcoin funds experienced
In a recent stir, Goldman Sachs, a prominent investment bank is making buzz in the crypto arena with its latest ETF investment. The company grew its Bitcoin and Ethereum ETF share by a big margin. According to the company’s February report, Goldman Sachs has elevated its spot Ether exchange-traded fund
James Seyffart and Eric Balchunas, analysts at Bloomberg, have published their most recent predictions for the approval chances of spot cryptocurrency exchange-traded funds (ETFs). They have narrowed their focus to Litecoin (LTC), Dogecoin (DOGE), Solana (SOL), and XRP, which are expected to gain SEC acknowledgement and regulatory clarity by the
Tuttle Capital has made a bold move by filing for 10 leveraged cryptocurrency exchange-traded funds (ETFs) with the U.S. Securities and Exchange Commission (SEC). Notably, the list features Solana (SOL), XRP, Litecoin (LTC), and Cardano (ADA), alongside lesser-known tokens like TRUMP, MELANIA, BONK, Chainlink (LINK), and Polkadot (DOT). These ETFs
Ethereum (ETH) reclaimed the $4,000 mark, reaching a recent high of $4,020.67 before consolidating. Currently, ETH trades at $3,960.98, up 3.07% in the last 24 hours. The market cap surged to $477.1 billion, representing a 3.07% increase. Meanwhile, the 24-hour trading volume spiked 8.26% to $30.34 billion, reflecting growing investor
Spot Bitcoin and Ether ETFs recorded $870 million in daily inflows on Friday, demonstrating strong investor confidence. Bitcoin ETFs led the surge with $597.5 million, while Ether ETFs attracted $273.6 million, according to data from SoSoValue. The robust inflows coincided with Bitcoin struggling to breach the $102,000 resistance level. Grayscale’s
