VanEck Files for Solana ETF, SOL Rises 6%
It marks the first Solana ETF to be filed in the U.S. six days after a similar product launched in Canada.
It marks the first Solana ETF to be filed in the U.S. six days after a similar product launched in Canada.
The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 27-July 3.
Market maker GSR sees bigger upside for SOL than bitcoin saw when it got U.S. ETFs.
If most of the liquidations by Mt. Gox creditors occur next month, crypto markets are expected to sell off in July then rebound in August, the report said.
The exchange says it has already seen more than $25 billion in trading volume since the start of the year, with monthly revenues topping $1 million.
The latest price moves in crypto markets in context for June 27, 2024.
The decade-old blockchain’s development plan, which goes out through 2026, calls for splitting off transaction execution into a separate “canonical rollup” that would support multiple programming languages.
Ether is more price sensitive to ETF inflows than bitcoin due to the large amount of ETH total supply that is locked up, the report said.
Galaxy Digital inked a similar deal with DWS last year for the European market.
The app allows users to generate passport zero-knowledge proofs (ZKs) to verify the uniqueness of individuals without revealing their identity