🇺🇸 CBOE invests in Japan's ODX: The U.S. Chicago Board Options Exchange (CBOE) has made an investment in the blockchain-based Osaka Digital Exchange (ODX), backed by Japanese financial giant SBI. Other participants include market makers Virtu Financial and Optiver. The investment size remains undisclosed. ODX plans to launch digital securities later this year. 💰📊 #CBOE #ODX #BlockchainNews 🤝🌏

CBOE sets date for launch of spot Ethereum ETFs

#CBOE has announced the launch date for five spot #Ethereum exchange-traded funds (ETFs) on July 23, pending regulatory approval. These ETFs were recently approved by the SEC, with final steps underway for each issuer. Analysts anticipate substantial institutional interest, potentially leading to Ethereum supply constraints and increased price volatility compared to #Bitcoin .

🔥🔥🔥 Analyst tips #SolanaETF deadline for mid-March after new filings

Final Decision on Solana ETFs Expected by March 2025

The United States SEC is set to make a final decision on Solana (SOL) exchange-traded funds (ETFs) around mid-March 2025. This follows the Chicago Board Options Exchange (#CBOE ) filing applications on Monday to list proposed ETFs from VanEck and 21Shares.

On July 8, CBOE submitted two Form 19b-4 applications: one for the 21Shares Core Solana ETF and another for the VanEck Solana Trust. The CBOE compared these potential Solana funds to the recently approved spot Bitcoin ($BTC ) and spot Ether (ETH) ETFs, citing Solana’s decentralization, throughput, and speed as factors that make it resistant to market manipulation.

According to the filings, the CBOE believes that, similar to Bitcoin and Ether, Solana’s resistance to price manipulation and existing safeguards justify bypassing the typical surveillance-sharing agreement required by the SEC.

The SEC has 240 days to decide on the rule change necessary for CBOE to list these ETFs. However, the approval may hinge on the outcome of the upcoming presidential election.

Senior Bloomberg ETF analyst Eric Balchunas has noted that the fate of Solana ETFs could be influenced by the November election. He suggests that if President Joe Biden is re-elected, Solana ETFs may face significant hurdles, whereas a victory for Donald Trump could increase the likelihood of approval.

In a June 27 report, #CryptoMarket maker GSR Markets indicated that the approval and launch of Solana ETFs in the U.S. could potentially boost SOL’s price significantly, possibly by as much as nine times.

Source - cointelegraph.com

#CryptoTrends2024 #BinanceSquareTalks

Good news for Ethereum fans!

The #CBOE exchange just announced that the Franklin Ethereum ETF (EZET) is set to start trading on July 23rd.

This is exciting news for investors who want an easy way to invest in Ethereum without having to buy the cryptocurrency itself.

However, keep in mind that the launch is still waiting for final approval from regulators.

#BinanceTurns7 #ETH_ETFs_Approval_Predictions #BinanceTournament

𝗝𝘂𝗹𝘆 𝟭𝟬, 𝟮𝟬𝟮𝟰  

⚡️ BREAKING : #CBOE Global Markets has submitted a request to the U.S. 🇺🇸 SEC to list #Solana💰 spot ETFs. A decision is needed by March 2025.

⚽️ Messi’s recent Instagram support for $WATER 💦 coin, a project aiming to raise awareness about water issues.
$WATER is from the same team behind $BEER coin, which crashed 80% after listing.

💰 Circle introduces Euro stablecoin #EURC to Base.
Circle announces EURC as the first euro-supported stablecoin on Base💰, complying with new #MiCA regulations.

💰 TON Blockchain Will Release New Layer-2 Based On Polygon’s 💰Technology.
The new protocol, called the #TON Applications Chain (TAC), will make use of #Polygon 's Chain Development Kit (CDK), as well as their AggLayer.

💰 USDC Treasury mints 250 million new USDC on Solana 💰 network.
Whale Alert has monitored that at 22:25:39 today Beijing time, #USDC Treasury added 250,000,000 USDC to the #Solana network.