Here is When We Can Expect the Approval of Spot Solana ETFs
09.07.2024 11:30 1 min. read Alexander Stefanov
On July 8 VanEck and 21Shares filled two Form 19b-4 applications to Chicago Board Options Exchange (CBOE) for their Solana ETFs.
The filings assert that Solana, like Bitcoin and Ethereum, is resistant to price manipulation.
The SEC has 240 days to decide on these applications, with a final deadline likely around mid-March 2025. Eric Balchunas, a Bloomberg ETF analyst, suggests the outcome of the U.S. presidential election will significantly impact the approval chances.
He believes the Solana ETFs might be rejected if Biden wins but could go either way if Trump is elected.
The cryptocurrency market is showing signs of recovery, with Solana (SOL) experiencing a notable 5% increase in the past 24 hours, outperforming other assets. At the time of writing SOL is trading at $143.2.
-
1
Pi Coin Crashes to Record Low: Can It Bounce Back to $1?
05.04.2025 18:00 2 min. read -
2
Binance Updates Altcoin Tags: New Tracking List Revealed
03.04.2025 17:00 2 min. read -
3
Retail Investors Fuel XRP Surge While Bitcoin Lags Behind
04.04.2025 15:00 1 min. read -
4
Binance to Delist 14 Altcoins After Community Vote
08.04.2025 13:00 1 min. read -
5
Curve Finance Founder Resumes CRV Token Sales Amid Market Recovery
09.04.2025 17:00 2 min. read
Binance Adds Five Tokens to VIP Loan, Market Reaction Mixed
Binance has rolled out new borrowing options for a fresh batch of altcoins, introducing Hyperlane, SIGN, Initia, KERNEL, and WalletConnect to its VIP Loan platform.
SEC Stalls Dogecoin and XRP ETFs as Wave of Crypto Fund Applications Grows
The U.S. Securities and Exchange Commission is dragging its feet once again—this time on two ETF proposals tied to Dogecoin and XRP.
XRP Quietly Builds Momentum as Tether’s Market Cap Comes Into View
In a market dominated by Bitcoin headlines and Ethereum upgrades, XRP is scripting a quieter — but potentially historic — comeback.
21Shares Files for Dogecoin Spot ETF
In a fresh move highlighting crypto’s rising momentum in traditional finance, 21Shares has set its sights on launching a Dogecoin-backed exchange-traded fund (ETF) in the United States.
-
1
Pi Coin Crashes to Record Low: Can It Bounce Back to $1?
05.04.2025 18:00 2 min. read -
2
Binance Updates Altcoin Tags: New Tracking List Revealed
03.04.2025 17:00 2 min. read -
3
Retail Investors Fuel XRP Surge While Bitcoin Lags Behind
04.04.2025 15:00 1 min. read -
4
Binance to Delist 14 Altcoins After Community Vote
08.04.2025 13:00 1 min. read -
5
Curve Finance Founder Resumes CRV Token Sales Amid Market Recovery
09.04.2025 17:00 2 min. read
