Ethereum spot exchange-traded funds entered the American market on Tuesday 23rd. Data from Bloomberg indicates that they started on the right foot despite the Grayscale Ethereum Trust witnessing $483 million in outflows….
Category: ETF
What is a Solana ETF and How Does It Work?
The emergence of exchange-traded funds (ETFs) shows that the crypto market is maturing. Notably, crypto ETFs are not limited to only Bitcoin and Ethereum. Instead, Solana ETFs have been introduced in recent…
21Shares Becomes the Latest Asset Manager to File for Spot Solana ETF in the US
A few days after asset manager VanEck announced filing for a spot Solana Exchange-Traded Fund with the US Securities and Exchange Commission (SEC), 21Shares has revealed that it has also submitted a…
Solana Price Surges Following VanEck’s Application for First ETF in the United States
Solana, the fifth-biggest cryptocurrency by market cap, has witnessed massive gains in the past 24 hours to become the top performer among the leading ten crypto assets. According to CoinGecko, SOL has…
Canadian Asset Manager 3iQ Files Solana ETF Proposal, Aims to be the First Issuer in North America
With Bitcoin spot ETFs (exchange-traded funds) entering the American market and Ethereum spot ETFs imminent after approval from the US Securities and Exchange Commission in May, a new application for a Solana…
Crypto Lawyer Says Approval of Ethereum ETFs May Have Ended SEC’s War on Digital Assets
Last month, the United States Securities and Exchange Commission (SEC) approved all applications for spot Ethereum Exchanged-Traded Fund (ETF). Before the commission’s decision, a group of pro-crypto lawyers sent a letter to…
Price Analysis May 30th, 2024 – BTC, BNB, ETH, DOGE, and SOL
As BTC continues trading sideways, investors are pouring funds into Bitcoin spot exchange-traded funds (ETFs). On Wednesday afternoon, crypto company Farside Investors reported that there have been more inflows than outflows from…
Glassnode Analyst Predicts Bitcoin Cycle the ‘Last Gasp’ for Altcoins
Glassnode lead expert predicts that the millennials who became rich with Bitcoin cannot gamble their fortunes on altcoins. Glassnode analyst indicated that the days of memecoins realizing big money appeared to hit…
QCP Capital Downplays MT. Gox Sell-Off, Optimistic of Bitcoin Bull Run
QCP Capital refuted claims of Mt.Gox sell-off, instead predicting that the Bitcoin bull run is imminent, with multiple factors likely boosting crypto markets. A Wednesday, May 28 publication by trading firm QCP…
Bernstein Predicts Spot Ether ETF Approval Lifts Odds for Solana Classification as Commodity
Bernstein predicts that the spot Ether ETF approval by the US SEC is lifting expectations for Solana earning commodity status. Bernstein’s Tuesday, May 21 report indicated that the spot Ether ETF approval…
Ethereum ETFs: These Are the Applications Awaiting SEC’s Approval
The United States Securities and Exchange Commission (SEC) approved 11 Bitcoin spot Exchange-Traded Funds (ETFs) on January 10th, 2024. Now, crypto analysts are wondering when the Gray Gensler-led commission will allow Ethereum…