Why Solana, Not XRP, Just Won The Spot ETF Race, Multicoin’s Counsel Explains
The path cleared for Solana to list a spot ETF in the US on Tuesday, while XRP remains on the sidelines, and the decisive factor was not market cap or politics but mechanics. In a late-night breakdown, Multicoin Capital’s general counsel Greg Xethalis mapped the five boxes an issuer must tick to launch during an […]
Related News
CoinShares has entered the competitive race for spot Solana exchange-traded funds (ETFs) in the United States. The digital asset manager submitted a Form S-1 registration statement to the US Securities and Exchange Commission (SEC), marking its intent to list a spot Solana ETF for public trading. The application, submitted via the SEC’s EDGAR system, identifies […]
Franklin Templeton, one of the world’s largest asset management firms, has submitted a proposal to the United States Securities and Exchange Commission (SEC) to issue a spot Solana ETF (exchange-traded fund). The asset manager joins several other applicants in the race to offer a SOL-based investment product to US investors. Franklin Templeton To Offer Staking […]
The race for crypto ETFs, especially the Solana Spot Exchange-Traded Funds (ETFs), remains a significant and crucial discussion among crypto enthusiasts in the sector. While many analysts believe that approval of the funds could spark a new wave of bullish action in the market, the products continue to face several regulatory roadblocks. Crypto And Solana […]
One developer, “0xIchigo,” behind Helius, a software company developing infrastructure for users to build on Solana, thinks Solana is winning the energy efficiency race. However, competing platforms, especially Ethereum, are here to stay. Ethereum Is Here To Stay, Solana Is Winning The Energy Efficiency Race Ethereum and Solana aim to serve the same user base, but the […]
The Hong Kong SFC has just approved the first Solana spot ETF, allowing the altcoin to join the ranks of Bitcoin and Ethereum. ChinaAMC To List First Solana Spot ETF In Hong Kong As reported by the Hong Kong Economic Times, the Securities and Futures Commission (SFC) has approved the first Solana spot exchange-traded fund […]