Mike Novogratz: SEC Will Approve Spot Solana ETFs
According to experts in the crypto community, the SEC is likely to approve spot Ethereum ETF applications, leading to the potential launch of a similar instrument focused on Solana.
According to experts in the crypto community, the SEC is likely to approve spot Ethereum ETF applications, leading to the potential launch of a similar instrument focused on Solana.
Current implied volatility levels for Bitcoin and Ethereum options suggest a relatively stable market for cryptocurrencies in the upcoming weeks, according to Deribit’s commercial director Luuk Strijers.
BlackRock submitted an updated registration statement for its proposed Ethereum fund, highlighting the ongoing efforts of financial firms to offer and trade similar products.
Investment manager Hashdex has withdrawn its application for a proposed spot Ether exchange-traded fund (ETF).
Kaiko predicts that Grayscale’s upcoming Ethereum ETF could see significant outflows, potentially averaging $110 million per day.
TD Cowen’s research group at investment bank TD Cowen expected the approval of Ethereum ETFs, as it follows the earlier approval of Bitcoin ETFs this year.
Hong Kong’s Securities and Futures Commission is considering allowing the staking of Ether in spot Ethereum ETFs in the region.
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