bitcoin
Bitcoin (BTC) $ 67,347.04
ethereum
Ethereum (ETH) $ 3,489.00
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 596.31
xrp
XRP (XRP) $ 0.608213
cardano
Cardano (ADA) $ 0.436195
usd-coin
USDC (USDC) $ 0.999897
matic-network
Polygon (MATIC) $ 0.541994
binance-usd
BUSD (BUSD) $ 0.997783
dogecoin
Dogecoin (DOGE) $ 0.137681
okb
OKB (OKB) $ 41.68
polkadot
Polkadot (DOT) $ 6.29
shiba-inu
Shiba Inu (SHIB) $ 0.000018
tron
TRON (TRX) $ 0.134992
uniswap
Uniswap (UNI) $ 7.92
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 67,467.08
dai
Dai (DAI) $ 0.999065
litecoin
Litecoin (LTC) $ 73.94
staked-ether
Lido Staked Ether (STETH) $ 3,490.51
solana
Solana (SOL) $ 179.78
avalanche-2
Avalanche (AVAX) $ 32.23
chainlink
Chainlink (LINK) $ 14.27
cosmos
Cosmos Hub (ATOM) $ 6.39
the-open-network
Toncoin (TON) $ 7.05
ethereum-classic
Ethereum Classic (ETC) $ 23.54
leo-token
LEO Token (LEO) $ 5.73
filecoin
Filecoin (FIL) $ 4.64
bitcoin-cash
Bitcoin Cash (BCH) $ 389.27
monero
Monero (XMR) $ 163.22
bitcoin
Bitcoin (BTC) $ 67,347.04
ethereum
Ethereum (ETH) $ 3,489.00
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 596.31
usd-coin
USDC (USDC) $ 0.999897
xrp
XRP (XRP) $ 0.608213
binance-usd
BUSD (BUSD) $ 0.997783
dogecoin
Dogecoin (DOGE) $ 0.137681
cardano
Cardano (ADA) $ 0.436195
solana
Solana (SOL) $ 179.78
matic-network
Polygon (MATIC) $ 0.541994
polkadot
Polkadot (DOT) $ 6.29
tron
TRON (TRX) $ 0.134992

21Shares files for Solana (SOL) spot ETF

Must Read

  • 21Shares has filed a Solana (SOL) ETF, with its Core Solana ETF utility coming a day after VanEck’s Solana Belief.
  • SOL worth hovered round $142 after the information, having soared after VanEck’s submitting on Thursday.

The Solana (SOL) ETF mania is selecting momentum with one more issuer submitting for a spot Solana ETF.

A day after VanEck filed for the same exchange-traded fund with the US Securities Change Fee (SEC), 21Shares has submitted its personal utility.

21Shares information for Solana ETF

In line with the submitting, the 21Shares Core Solana ETF will commerce on the Cboe BZX Change and “monitor the efficiency of SOL, the native digital asset of the Solana blockchain.”

“21Shares is worked up by the potential for an trade traded product (ETP) within the US that gives entry to the Solana ecosystem. We consider it is a needed step for the crypto business and it holds true to our mission to deliver to market simply accessible monetary merchandise centered round crypto belongings,” the agency wrote on X.

VanEck first to file SOL ETF within the US

VanEck and 21Shares are actually the primary two asset managers to file for SOL spot ETFs within the US and could possibly be a matter of who subsequent because the business gears up for the spot Ethereum ETFs. The SEC accepted Ether ETFs in Could and specialists say the ultimate nod earlier than merchandise hit exchanges may come as quickly as subsequent week.

For Solana, Bloomberg senior ETF analyst Eric Balchunas says that it could be too early to pin a date to potential approval. Nevertheless, “the chances of a Solana ETF being accepted” in subsequent 12 months might enhance considerably if Trump wins this yr’s election.

SOL worth amid ETF information

On Thursday, Solana worth rose sharply because the market reacted to VanEck’s submitting.

On Friday, the cryptocurrency pared many of the beneficial properties because the broader ecosystem heaved beneath continued draw back strain.

Nevertheless, as Bitcoin struggled under $61k and Ether battled close to $3,400, SOL was seeking to rebound above $142. In contrast to BTC and ETH that had been down 4.5% and three% respectively over the previous week, Solana’s worth was up 8%.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles

Is web3’s innovative explosion constraining user adoption?

Disclosure: The views and opinions expressed right here belong solely to the creator and don't symbolize the views and...
- Advertisement -

More Articles Like This