Solana ETF gains momentum with another filing

Crypto News

Solana ETF Buzz gains strength with yet another presentation

21Shares has become the latest investment firm to archive an application for a Solana-based exchange-traded fund (ETF).

21Shares has become the latest investment firm in archive an application for a Solana-based exchange-traded fund (ETF).

This comes just a day after VanEck filed a similar presentation on Thursday.

As reported by U.TodayETF analyst James Seyffart predicted that such a product could be approved no earlier than 2025.

HOT STORIES

Peter Schiff has bad news for Bitcoin ETF investors

The author of ‘Rich Dad, Poor Dad’ says Bitcoin is a quick investment and here’s what he means

Bitcoin (BTC) May Hit $75,000, Here’s How, Another XRP Reversal Attempt, Dogecoin (DOGE) Will Test $0.13 Again, But There’s a Catch

Legendary Bollinger Trader Shares Important Bitcoin (BTC) Price Update

Meanwhile, the US Securities and Exchange Commission is on track to conclude approval of multiple Ethereum ETFs by July 4, according to a recent Reuters report.

Eric Balchunas, a senior ETF analyst at Bloomberg, has so far refrained from naming exact approval probabilities because he believes it is too early.

Despite the most recent filing from 21Shares, the price of Solana (SOL) is down 4.5% in the last 24 hours. By comparison, it rose more than 6% on the VanEck news.

Crypto News

1.6 billion in 24 hours: XRP open interest returns to peak levels

1 hour ago

Crypto News

Vechain hits two-year high of $0.07901 as experts chart potential rise to $0.1

4 hours ago

Crypto News

Tron sees historic daily revenue of $21 million amid TRX price surge

6 hours ago

Leave a Reply Cancel reply

Best Exchanges

Binance

Buy, trade, and hold 600+ cryptocurrencies on Binance

ByBit

Buy, trade, and hold 450+ cryptocurrencies on ByBit

Kucoin

Buy, trade, and hold 150+ cryptocurrencies on Kucoin

BitFinex

Buy, trade, and hold 100+ cryptocurrencies on BitFinex

Coinbase

Buy, trade, and hold 150+ cryptocurrencies on CoinBase

Guru Investing is an independent source of information about investing , not controlled by any broker. All our reviews and guides are created honestly, according to the best knowledge and judgement of the members of our independent expert team; however, they are intended for informative purposes only and should not be construed as, nor relied upon as, legal advice. You should always make sure that you meet all regulatory requirements before making any financial operations . Copyright ©2024

Email for contact [email protected]