Solana Staking ETF Moves Closer To SEC Approval After Key Filing
Bitwise Asset Management has updated its proposed Solana exchange-traded fund (ETF) to explicitly include “Staking” in the fund’s name and disclosed a 0.20% unitary sponsor fee—one of the lowest headline fees yet seen for a US crypto ETF. Bloomberg’s James Seyffart flagged the amendment late Wednesday, writing: “NEW: Bitwise files an update to their Solana […]
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According to a February 12 filing with the US Securities and Exchange Commission (SEC), the Cboe BZX Exchange has submitted a request seeking approval for staking within the 21Shares Ethereum (ETH) exchange-traded fund (ETF). Cboe Seeks Ethereum ETF Staking Approval The Cboe BZX Exchange has filed with the SEC to allow ETH held in the […]
Here’s a list of the people who think a Solana ETF is incoming: everyone. And here’s a list of the people who think a $SOL ETF could send Solana – and Solaxy, a much-needed Solana Layer 2 – sky-high: also everyone. That’s right, Solana is gaining serious momentum. Cantor Fitzgerald’s analysts report that Solana-focused firms DeFi Development, Upexi, and SOL Strategies will raise each raise $250M this year for various crypto-related efforts, including $SOL treasuries. Both the pending $SOL ETFs and current treasury efforts underscore SOL’s strengths: a unified, low‑cost, and....
Leading US-based cryptocurrency exchange Coinbase today announced that it has rolled out crypto staking services for New York residents after receiving regulatory approval. Notably, Coinbase’s New York-based users can now stake Ethereum (ETH) and Solana (SOL) on the exchange. Coinbase’s New York Users Can Now Stake Ethereum, Solana After years of regulatory back-and-forth, Coinbase has […]
Ripple’s $XRP just hit $3, edging closer to its $3.60 ATH. A notable driver? The 98% likelihood of US ETF approval, boosting expectations of heightened institutional demand. On the back of this, another altcoin is turning heads. It’s dubbed Wall Street Pepe ($WEPE), and it recently expanded from Ethereum to Solana ahead of new exchange […]
It’s a bright time for Solana, the world’s third-largest crypto. Just yesterday, Nasdaq-listed Upexi earmarked 95% of its $100M capital raise to establish a Solana treasury reserve. Also, ARK (an American investment management firm) has integrated Solana staking into two of its crypto ETFs: ARKF and ARKW. Both moves point to Solana taking its place […]