{"id":132711,"date":"2024-07-09T11:30:44","date_gmt":"2024-07-09T08:30:44","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=132711"},"modified":"2024-07-09T11:26:00","modified_gmt":"2024-07-09T08:26:00","slug":"here-is-when-we-can-expect-the-approval-of-spot-solana-etfs","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/here-is-when-we-can-expect-the-approval-of-spot-solana-etfs\/","title":{"rendered":"Here is When We Can Expect the Approval of Spot Solana ETFs"},"content":{"rendered":"<p>The filings assert that <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/solana\/\">Solana<\/a><\/strong>, like <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a><\/strong> and <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethereum\/\">Ethereum<\/a><\/strong>, is resistant to price manipulation.<\/p>\n<p>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.<\/p>\n<p>He <strong><a href=\"https:\/\/x.com\/EricBalchunas\/status\/1810425019853324721?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1810425019853324721%7Ctwgr%5E9324797c46a223510097fb33f2e1b5deb06e4800%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fwatcher.guru%2Fnews%2Fsolana-etf-final-deadline-set-for-mid-march-2025\" rel=\"nofollow\">believes<\/a><\/strong> the Solana ETFs might be rejected if Biden wins but could go either way if Trump is elected.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-132706\" href=\"https:\/\/cryptodnes.bg\/en\/eos-unveils-250-million-token-staking-rewards-program\/\" title=\"EOS Unveils 250 Million Token Staking Rewards Program\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/EOS-1-240x170.png\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">EOS Unveils 250 Million Token Staking Rewards Program<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On July 8 VanEck and 21Shares filled two Form 19b-4 applications to Chicago Board Options Exchange (CBOE) for their Solana ETFs.<\/p>\n","protected":false},"author":3,"featured_media":100318,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[72,294,271,108,266,122],"coin_category":[],"class_list":["post-132711","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-bitcoin","tag-etf","tag-ethereum","tag-price","tag-solana","tag-trump"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Here is When We Can Expect the Approval of Spot Solana ETFs<\/title>\n<meta name=\"description\" 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