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VanEck files for first-ever US Solana ETF, targeting DeFi growth

28.6.2024
VanEck has registered its initial exchange-traded fund (ETF), the VanEck Solana Trust, which will help investors understand Solana (SOL), a blockchain with enormous output and cost-effective transactions.  This is following the Securities and Exchange Commission (SEC) ‘s leaning towards spot...

Steady Above $60K: Bitcoin Weathers Government Sell-Offs, Says QCP Capital

27.6.2024
Despite a brief dip below $60,000 on June 23, bitcoin has demonstrated formidable resilience by closing above this pivotal level for 118 days in 2024. According to QCP Capital, the cryptocurrency continues to hold strong against various market pressures, including substantial governmental...

Solana Climbs 8.1% Following Vaneck’s SEC Filing for SOL-Based ETF

27.6.2024
Following Vaneck’s application with the U.S. Securities and Exchange Commission (SEC) to launch a solana-based exchange-traded fund (ETF), solana has appreciated 8.1% against the U.S. dollar. Apart from bitcoin, ethereum, and stablecoins, solana now boasts the highest daily trade volume among...

US Bitcoin ETF Inflows Reach $21.52M as FBTC and GBTC Lead Gains

27.6.2024
U.S. spot bitcoin exchange-traded funds witnessed a second day of inflows as they captured $21.52 million on Thursday. The leader in terms of gains was Fidelity’s FBTC led the pack with a $19 million increase. Modest Inflows for Bitcoin ETFs on Thursday With Fidelity’s FBTC Leading...

Vaneck Seeks SEC Approval for Solana-Based ETF

27.6.2024
In a significant expansion of its cryptocurrency offerings, Vaneck has announced the filing of the first U.S. exchange-traded fund (ETF) focused on Solana. This move marks a strategic enhancement of Vaneck’s digital asset products, according to Matthew Sigel, head of digital asset research....

SEC Chair Gensler: Spot Ethereum ETF Approval Process ‘Going Smoothly’

26.6.2024
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler says that the spot ethereum exchange-traded fund (ETF) approval process is “going smoothly.” He stressed that “it’s really about the asset managers making the full disclosure so that those registration...

VanEck to launch a spot Ethereum ETF for free on July 2

26.6.2024
VanEck files Form-8A related to its spot Ethereum ETF and simultaneously eliminates ETF fees until its assets reach the $1.5 billion target.  According to analysts’ calculations, the Ethereum ETFs are anticipated to be introduced by the beginning of July. This decision has enabled...

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