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金融分析师--乘风
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Bullish
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$SOL siblings SOL going long Stop loss position: .200.16 Leverage 9 times, Take profit 50% reduce position 50%, The software has an accuracy rate of over 85% for buying, Current price 224.48 is the best opportunity to get in {future}(SOLUSDT) #SolanaETF
$SOL siblings SOL going long
Stop loss position: .200.16
Leverage 9 times,
Take profit 50% reduce position 50%,
The software has an accuracy rate of over 85% for buying,
Current price 224.48
is the best opportunity to get in

#SolanaETF
--
Bearish
See original
$SOL Brothers and Sisters SOL Short Stop Loss Position: .264.23 Leverage 6 times, Profit 50% reduce position 50%, The software has an accuracy rate of over 85% on the bullish side, Current price 222.55 is the best opportunity to enter {future}(SOLUSDT) #SolanaETF
$SOL Brothers and Sisters SOL Short
Stop Loss Position: .264.23
Leverage 6 times,
Profit 50% reduce position 50%,
The software has an accuracy rate of over 85% on the bullish side,
Current price 222.55
is the best opportunity to enter

#SolanaETF
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$SOL has information that the Grayscale Fund filed for $SOL ETF with NYSE. The price of $SOL has surged after this news to $241 (killing the short at a round price). Currently, the price is fluctuating around $235-$237. Technically, after reaching a new peak at $264.39, the price of Sol has corrected to MA200 on the 4h frame and the price has recovered. What do you think about the upcoming price of Sol? Strong bull? #Sol #SolanaETF
$SOL has information that the Grayscale Fund filed for $SOL ETF with NYSE. The price of $SOL has surged after this news to $241 (killing the short at a round price). Currently, the price is fluctuating around $235-$237.
Technically, after reaching a new peak at $264.39, the price of Sol has corrected to MA200 on the 4h frame and the price has recovered.
What do you think about the upcoming price of Sol? Strong bull?
#Sol #SolanaETF
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Solana (SOL) Price May Reach These Levels in 2024!Solana (SOL) became one of the best-performing cryptocurrencies, gaining over 1,000% in value in 2023. So, can it maintain this performance in 2024?What Do Analysts and Experts Say?Leading analysts and experts predict that the upward trend in Solana will continue. Popular cryptocurrency analyst Ali Martinez predicts that Solana could rise to $163 if it makes a strong close at $110.

Solana (SOL) Price May Reach These Levels in 2024!

Solana (SOL) became one of the best-performing cryptocurrencies, gaining over 1,000% in value in 2023. So, can it maintain this performance in 2024?What Do Analysts and Experts Say?Leading analysts and experts predict that the upward trend in Solana will continue. Popular cryptocurrency analyst Ali Martinez predicts that Solana could rise to $163 if it makes a strong close at $110.
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$SOL Brothers and Sisters SOL Short Selling Stop Loss Position: 246.81 Leverage 12 times, Profit 50% reduce position by 50%, The software has an accuracy rate of over 85% on the bullish side, The current price is the best opportunity to enter at 226.25 {future}(SOLUSDT) #SolanaETF
$SOL Brothers and Sisters SOL Short Selling
Stop Loss Position: 246.81
Leverage 12 times,
Profit 50% reduce position by 50%,
The software has an accuracy rate of over 85% on the bullish side,
The current price is the best opportunity to enter at 226.25

#SolanaETF
📢 LATEST: FOX’s Eleanor Terrett reports the SEC plans to reject some Solana spot ETF applications.  Concerns over Solana's security classification impact issuers like Grayscale, VanEck, and others seeking SOL ETF approval.  #SolanaETF  #soletf  #SEC
📢 LATEST: FOX’s Eleanor Terrett reports the SEC plans to reject some Solana spot ETF applications.

Concerns over Solana's security classification impact issuers like Grayscale, VanEck, and others seeking SOL ETF approval.

#SolanaETF  #soletf  #SEC
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Bullish
See original
$TNSR solana is the biggest nft market, everyone says this, not me, and it is clear with the data. 70% of the nfts in the solana network are made on tnsr$ and soon it will surpass $BLUR and $SUPER and other nft markets. Just wait for the SOL ETF approval next month #solanaetf #ETFonayı #Bitcoin #web3 #DEX
$TNSR solana is the biggest nft market, everyone says this, not me, and it is clear with the data. 70% of the nfts in the solana network are made on tnsr$ and soon it will surpass $BLUR and $SUPER and other nft markets. Just wait for the SOL ETF approval next month #solanaetf #ETFonayı #Bitcoin #web3 #DEX
Solana ETF Prospects Could Shift Under Incoming Administration Amid SEC RejectionsSolana ETF Prospects Could Shift Under Incoming Administration Amid SEC Rejections The SEC’s anticipated rejection of Solana ETFs marks a pivotal moment for the crypto market, reflecting the ongoing regulatory challenges in the sector. With the new presidential administration approaching, the fate of these highly awaited financial products could shift significantly. “This potential rejection underscores the current SEC’s stringent stance against cryptocurrency,” commented analyst Eric Balchunas from Bloomberg Intelligence. The SEC is set to reject Solana ETF proposals, but change may be on the horizon with the upcoming Trump administration, potentially influencing crypto regulations. Solana ETF Interest Grows Amid Regulatory UncertaintyAs interest in cryptocurrency investments surges, multiple firms such as Bitwise, VanEck, 21Shares, and Canary Capital have applied to launch Solana ETFs. The market’s interest in Solana is driven by its ability to support high-speed transactions and strong scalability, making it an attractive option for institutional investors. According to Eliezer Ndinga, head of strategy at 21.co, “Solana is telling a story that smart money is coming this way.” This sentiment underscores the platform’s growing momentum and appeal, which is further demonstrated by the substantial 160% rise in its SOL token price this year, indicating a robust recovery and institutional interest. Market Dynamics and Institutional InterestInstitutional adoption of Solana continues to rise, facilitated by its technological advancements and increasing user activity. Analysts are observing a trend in large-scale investors favoring Solana due to its performance and the overall upward trajectory of the cryptocurrency market. The growing participation from significant financial players is a clear signal of rising confidence and market viability for cryptocurrencies like Solana. Outlook for Solana and the Incoming AdministrationWith the recent election of President Donald Trump and his selection of Paul Atkins as SEC Chair, the landscape for cryptocurrency regulation may shift dramatically. Atkins is known for his pro-crypto perspective, which could facilitate a more welcoming regulatory environment for digital assets. Industry pundits expect that if Solana ETF applications are submitted again under the new administration, they will have a better chance at approval given the SEC’s anticipated new approach toward regulating cryptocurrencies. As Balchunas noted, any current rejections may simply lead to refilings once the political climate changes. The Future of Crypto RegulationsThe anticipated pro-crypto regulatory framework under Trump’s administration, including selections such as Scott Bessent for Treasury and Howard Lutnick for Commerce, suggests a potential reformation in the regulatory landscape. Analysts assert that creating a more favorable environment for cryptocurrencies could eventually lead to new financial products and opportunities. Current Market Movers: A Brief OverviewBitcoin is currently trading at $99,550, reflecting a 0.9% increase in the last 24 hours.Ethereum has also shown positive movement, rising 2% to reach $3,980. Insights and Industry PerspectivesCoinbase’s top lawyer voices concerns over Operation Chokepoint 2.0, addressing regulatory implications. Key appointments under the new administration could reshape SEC dynamics — UnchainedThe impact of the Hawk Tuah crypto debacle could overshadow Bitcoin’s milestones — CoinDesk Analysis reveals U.S. spot Bitcoin ETFs now surpass estimated Bitcoin holdings — The BlockConclusion The potential rejection of Solana ETFs by the SEC may highlight the ongoing regulatory hurdles faced by cryptocurrencies. However, with the upcoming presidential transition, there could be pathways opened for renewed discussions and approvals. As the market navigates through these changes, stakeholders remain optimistic about the influence of a pro-crypto regulatory stance that can lead to innovative financial products in the future. #SolanaETF #SOL #altcoin #cryptomarket #CryptoNews

Solana ETF Prospects Could Shift Under Incoming Administration Amid SEC Rejections

Solana ETF Prospects Could Shift Under Incoming Administration Amid SEC Rejections

The SEC’s anticipated rejection of Solana ETFs marks a pivotal moment for the crypto market, reflecting the ongoing regulatory challenges in the sector.
With the new presidential administration approaching, the fate of these highly awaited financial products could shift significantly.
“This potential rejection underscores the current SEC’s stringent stance against cryptocurrency,” commented analyst Eric Balchunas from Bloomberg Intelligence.
The SEC is set to reject Solana ETF proposals, but change may be on the horizon with the upcoming Trump administration, potentially influencing crypto regulations.
Solana ETF Interest Grows Amid Regulatory UncertaintyAs interest in cryptocurrency investments surges, multiple firms such as Bitwise, VanEck, 21Shares, and Canary Capital have applied to launch Solana ETFs.
The market’s interest in Solana is driven by its ability to support high-speed transactions and strong scalability, making it an attractive option for institutional investors.
According to Eliezer Ndinga, head of strategy at 21.co, “Solana is telling a story that smart money is coming this way.” This sentiment underscores the platform’s growing momentum and appeal, which is further demonstrated by the substantial 160% rise in its SOL token price this year, indicating a robust recovery and institutional interest.
Market Dynamics and Institutional InterestInstitutional adoption of Solana continues to rise, facilitated by its technological advancements and increasing user activity.
Analysts are observing a trend in large-scale investors favoring Solana due to its performance and the overall upward trajectory of the cryptocurrency market.
The growing participation from significant financial players is a clear signal of rising confidence and market viability for cryptocurrencies like Solana.
Outlook for Solana and the Incoming AdministrationWith the recent election of President Donald Trump and his selection of Paul Atkins as SEC Chair, the landscape for cryptocurrency regulation may shift dramatically.
Atkins is known for his pro-crypto perspective, which could facilitate a more welcoming regulatory environment for digital assets.
Industry pundits expect that if Solana ETF applications are submitted again under the new administration, they will have a better chance at approval given the SEC’s anticipated new approach toward regulating cryptocurrencies.
As Balchunas noted, any current rejections may simply lead to refilings once the political climate changes.
The Future of Crypto RegulationsThe anticipated pro-crypto regulatory framework under Trump’s administration, including selections such as Scott Bessent for Treasury and Howard Lutnick for Commerce, suggests a potential reformation in the regulatory landscape.
Analysts assert that creating a more favorable environment for cryptocurrencies could eventually lead to new financial products and opportunities.
Current Market Movers: A Brief OverviewBitcoin is currently trading at $99,550, reflecting a 0.9% increase in the last 24 hours.Ethereum has also shown positive movement, rising 2% to reach $3,980.
Insights and Industry PerspectivesCoinbase’s top lawyer voices concerns over Operation Chokepoint 2.0, addressing regulatory implications.
Key appointments under the new administration could reshape SEC dynamics — UnchainedThe impact of the Hawk Tuah crypto debacle could overshadow Bitcoin’s milestones — CoinDesk
Analysis reveals U.S. spot Bitcoin ETFs now surpass estimated Bitcoin holdings — The BlockConclusion
The potential rejection of Solana ETFs by the SEC may highlight the ongoing regulatory hurdles faced by cryptocurrencies. However, with the upcoming presidential transition, there could be pathways opened for renewed discussions and approvals.
As the market navigates through these changes, stakeholders remain optimistic about the influence of a pro-crypto regulatory stance that can lead to innovative financial products in the future.
#SolanaETF #SOL #altcoin #cryptomarket #CryptoNews
Solana ETFs Blocked? SEC Rejecting Key Crypto Applications Fox Business journalist Eleanor Terrett reported on X that the SEC has communicated to the prospective issuers that their 19b-4 filings for Solana ETFs will not be approved. The SEC has maintained a cautious approach toward cryptocurrency ETFs, reflecting broader regulatory concerns within the industry. According to Eleanor Terrett, a journalist for Fox Business, the Securities and Exchange Commission (SEC) has informed at least two out of five prospective issuers that their 19b4 filings for Solana spot ETFs are likely to be rejected. This decision appears to align with the SEC’s broader cautious approach to crypto-related investment products. Exchange-traded funds (ETFs) have become popular among investors looking to gain exposure to various asset classes, including cryptocurrencies. A spot ETF allows investors to buy shares that are directly tied to the price of a particular asset, in this case, Solana (SOL). The journalist took to X to share this information, indicating that the SEC’s current stance could stifle further innovation in cryptocurrency investment offerings. As the SEC continues to scrutinize the cryptocurrency sector, the rejection of Solana spot ETF filings may serve as an indication of the regulatory body’s posture towards all crypto ETFs under the current administration. The potential rejection of Solana spot ETFs raises several important implications. Firstly, it highlights the ongoing regulatory challenges that digital assets face in the United States. Additionally, the decision by the SEC could lead to increased volatility in the price of Solana and other cryptocurrencies as market participants react to the news. Insights from Industry Analysts on the Future of Solana ETFs Analysts, including James Seyffart, have forecasted that the much-anticipated Solana ETF may not see the light of day until 2025, especially with the current leadership in the SEC. #SolanaETF #SOL #AltcoinSeason #cryptomarket #CryptoNews
Solana ETFs Blocked? SEC Rejecting Key Crypto Applications

Fox Business journalist Eleanor Terrett reported on X that the SEC has communicated to the prospective issuers that their 19b-4 filings for Solana ETFs will not be approved.

The SEC has maintained a cautious approach toward cryptocurrency ETFs, reflecting broader regulatory concerns within the industry.

According to Eleanor Terrett, a journalist for Fox Business, the Securities and Exchange Commission (SEC) has informed at least two out of five prospective issuers that their 19b4 filings for Solana spot ETFs are likely to be rejected.

This decision appears to align with the SEC’s broader cautious approach to crypto-related investment products. Exchange-traded funds (ETFs) have become popular among investors looking to gain exposure to various asset classes, including cryptocurrencies.
A spot ETF allows investors to buy shares that are directly tied to the price of a particular asset, in this case, Solana (SOL).

The journalist took to X to share this information, indicating that the SEC’s current stance could stifle further innovation in cryptocurrency investment offerings.

As the SEC continues to scrutinize the cryptocurrency sector, the rejection of Solana spot ETF filings may serve as an indication of the regulatory body’s posture towards all crypto ETFs under the current administration.

The potential rejection of Solana spot ETFs raises several important implications. Firstly, it highlights the ongoing regulatory challenges that digital assets face in the United States.

Additionally, the decision by the SEC could lead to increased volatility in the price of Solana and other cryptocurrencies as market participants react to the news.

Insights from Industry Analysts on the Future of Solana ETFs
Analysts, including James Seyffart, have forecasted that the much-anticipated Solana ETF may not see the light of day until 2025, especially with the current leadership in the SEC.

#SolanaETF #SOL #AltcoinSeason #cryptomarket #CryptoNews
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$SOL Brothers and Sisters SOL Short Selling Stop Loss Position: 264.80 Leverage 5 times, Take Profit 50% Reduce Position 50%, The software has an accuracy rate of over 85% on the bullish side, Current price 218.43 is a good opportunity. {future}(SOLUSDT) #SolanaETF
$SOL Brothers and Sisters SOL Short Selling
Stop Loss Position: 264.80
Leverage 5 times,
Take Profit 50% Reduce Position 50%,
The software has an accuracy rate of over 85% on the bullish side,
Current price 218.43 is a good opportunity.

#SolanaETF
See original
SEC Rejects Solana ETF: A Setback or Opportunity for the Crypto Industry?Recently, the SEC announced it would reject the application for a Solana-based spot exchange-traded fund (ETF), sparking widespread discussion within the crypto industry. As a cryptocurrency enthusiast, I feel deeply about this. This is not just a setback for Solana, but a profound reflection on how the entire industry can advance towards mainstream adoption. Why the refusal? Gensler's "farewell gift"? According to reports, the SEC's decision marks a "farewell summary" of the current chairman Gary Gensler's tenure before it ends. Under his leadership, the SEC has taken a tough regulatory stance on several crypto projects, including lawsuits against giants like Binance and Coinbase.

SEC Rejects Solana ETF: A Setback or Opportunity for the Crypto Industry?

Recently, the SEC announced it would reject the application for a Solana-based spot exchange-traded fund (ETF), sparking widespread discussion within the crypto industry. As a cryptocurrency enthusiast, I feel deeply about this. This is not just a setback for Solana, but a profound reflection on how the entire industry can advance towards mainstream adoption.
Why the refusal? Gensler's "farewell gift"?
According to reports, the SEC's decision marks a "farewell summary" of the current chairman Gary Gensler's tenure before it ends. Under his leadership, the SEC has taken a tough regulatory stance on several crypto projects, including lawsuits against giants like Binance and Coinbase.
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Bullish
Solana ETF!!! All You Need To know About A Solana ETF (Exchange-Traded Fund) is a financial product that allows investors to gain exposure to Solana (SOL), a cryptocurrency, without directly owning it. Instead of buying and holding Solana tokens, investors can purchase shares of the ETF, which tracks the performance of Solana. This provides a more traditional and regulated way for individuals and institutions to invest in Solana, benefiting from its price movements and potential growth without the complexities of handling the cryptocurrency itself. ETFs often offer advantages like increased liquidity, ease of trading, and potentially lower transaction costs compared to buying the actual cryptocurrency. Not a financial advise but stack some sol now that you can…. #solanaetf #Solana_Blockchain #BinanceTournament #SolanaUSTD $SOL
Solana ETF!!! All You Need To know About

A Solana ETF (Exchange-Traded Fund) is a financial product that allows investors to gain exposure to Solana (SOL), a cryptocurrency, without directly owning it. Instead of buying and holding Solana tokens, investors can purchase shares of the ETF, which tracks the performance of Solana. This provides a more traditional and regulated way for individuals and institutions to invest in Solana, benefiting from its price movements and potential growth without the complexities of handling the cryptocurrency itself. ETFs often offer advantages like increased liquidity, ease of trading, and potentially lower transaction costs compared to buying the actual cryptocurrency.

Not a financial advise but stack some sol now that you can…. #solanaetf #Solana_Blockchain #BinanceTournament #SolanaUSTD $SOL
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GTokenTool Launches Solana Number Wallet Generation FunctionGTokenTool, as the most powerful one-click token issuance platform on the entire network, has helped countless users issue their first token in life. Due to its four major features of high security, low threshold, low cost, and multiple functions, it is favored by many blockchain newcomers. It is a very powerful decentralized token issuance platform, supporting one-click token issuance on various blockchains such as BSC, Solana, Base, Ton, ETH, and Tron, and also supports multiple functions such as batch airdrop of tokens, token market value management, and token pre-sale. How to use the Solana number wallet generation tool Open the GTokenTool number address generation page

GTokenTool Launches Solana Number Wallet Generation Function

GTokenTool, as the most powerful one-click token issuance platform on the entire network, has helped countless users issue their first token in life. Due to its four major features of high security, low threshold, low cost, and multiple functions, it is favored by many blockchain newcomers. It is a very powerful decentralized token issuance platform, supporting one-click token issuance on various blockchains such as BSC, Solana, Base, Ton, ETH, and Tron, and also supports multiple functions such as batch airdrop of tokens, token market value management, and token pre-sale.

How to use the Solana number wallet generation tool
Open the GTokenTool number address generation page
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📝 Solana ETF application encounters obstacles, the new SEC chairman may bring opportunities for Solana ETF Recently, the listing application for the Solana ETF in the United States seems to have encountered some obstacles, with at least two of the five potential issuers' 19b-4 applications being rejected, disappointing many investors who were looking forward to easily investing in Solana through an ETF. After all, spot Bitcoin and Ethereum ETFs have already provided investors with a simple way to access these two major cryptocurrencies. However, the situation may improve. Recently, according to FOX Business reporter Eleanor Terrett's social media post, the SEC may reject some companies' Solana ETF applications. This has led some asset management firms, such as Grayscale, to recently consider converting its $120 million Grayscale Solana Trust (GSOL) into a spot ETF, but it currently seems that this may not go as smoothly. Nevertheless, things may change soon. Recently, cryptocurrency-friendly supporter Paul Atkins has been nominated as the new chairman of the SEC, rekindling hopes. Industry experts predict that with Atkins' appointment, the SEC's attitude towards cryptocurrency ETFs may become more open, which could be good news for the Solana ETF. Currently, several large asset management firms, including VanEck, 21Shares, Bitwise, and Canary Capital, are actively applying for Solana ETFs. Although the SEC rejected two proposals for Solana spot ETFs in August this year, the regulatory environment may become more friendly with the new leadership. Let’s wait and see if the new SEC chairman will bring about new regulatory changes, especially regarding the approval of new ETFs beyond Bitcoin and Ethereum. This will also have a significant impact on the entire cryptocurrency market, so stay tuned! #SolanaETF #SEC新主席 #加密货币投资
📝 Solana ETF application encounters obstacles, the new SEC chairman may bring opportunities for Solana ETF

Recently, the listing application for the Solana ETF in the United States seems to have encountered some obstacles, with at least two of the five potential issuers' 19b-4 applications being rejected, disappointing many investors who were looking forward to easily investing in Solana through an ETF. After all, spot Bitcoin and Ethereum ETFs have already provided investors with a simple way to access these two major cryptocurrencies.

However, the situation may improve. Recently, according to FOX Business reporter Eleanor Terrett's social media post, the SEC may reject some companies' Solana ETF applications. This has led some asset management firms, such as Grayscale, to recently consider converting its $120 million Grayscale Solana Trust (GSOL) into a spot ETF, but it currently seems that this may not go as smoothly.

Nevertheless, things may change soon. Recently, cryptocurrency-friendly supporter Paul Atkins has been nominated as the new chairman of the SEC, rekindling hopes. Industry experts predict that with Atkins' appointment, the SEC's attitude towards cryptocurrency ETFs may become more open, which could be good news for the Solana ETF.

Currently, several large asset management firms, including VanEck, 21Shares, Bitwise, and Canary Capital, are actively applying for Solana ETFs. Although the SEC rejected two proposals for Solana spot ETFs in August this year, the regulatory environment may become more friendly with the new leadership.

Let’s wait and see if the new SEC chairman will bring about new regulatory changes, especially regarding the approval of new ETFs beyond Bitcoin and Ethereum. This will also have a significant impact on the entire cryptocurrency market, so stay tuned!

#SolanaETF #SEC新主席 #加密货币投资
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Bearish
See original
⭐Our analysis is going well⭐ ⏳Analysis update ⏳ As long as I don't close the candle above 65 thousand dollars, closing below that rate on the 48-40k road will bring the level of 36.5-40 thousand dollars. Think about what no one else thinks, everyone will return, even if the bull says it will come, it will not come, they need to get fed up with it 🙏 $BTC $SOL $ETH #Binance #Bitcoin #satoshi #SatoshiNakamoto #solanaetf
⭐Our analysis is going well⭐

⏳Analysis update ⏳

As long as I don't close the candle above 65 thousand dollars, closing below that rate on the 48-40k road will bring the level of 36.5-40 thousand dollars. Think about what no one else thinks, everyone will return, even if the bull says it will come, it will not come, they need to get fed up with it 🙏

$BTC
$SOL
$ETH

#Binance #Bitcoin #satoshi #SatoshiNakamoto #solanaetf
sea_sparkle
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Bearish
⭐If we don't stay in the triangle, the decline will go to 48-40 k, that's the target, every closing below 70 k will drag us to 48-40 k.

⏳Follow weekly by drawing triangles on the charts.

$BTC
$SOL
$ETH
#satoshinakomoti #btc #Binance #satoshielonmusk #ETH
Breaking News: 21Shares Files for Solana ETF with CBOEIn a significant development for the cryptocurrency market, 21Shares has officially filed for a Solana ETF with the Chicago Board Options Exchange (CBOE). The filing was submitted to the U.S. Securities and Exchange Commission (SEC) on July 8, 2024, marking a major step towards offering a regulated investment vehicle focused on Solana. Key Details: Filing Entity: 21SharesProposed ETF: 21Shares Core Solana ETFExchange: CBOE BZX Exchange, Inc.Filing Date: July 8, 2024SEC Form: 19b-4Description: The ETF aims to list and trade shares of the 21Shares Core Solana ETF under Rule 14.11. Implications: This move underscores the growing interest and institutional acceptance of Solana as a major player in the cryptocurrency ecosystem. If approved, the ETF will provide investors with a regulated and convenient way to gain exposure to Solana, potentially increasing the asset's adoption and liquidity. The filing is now under review by the SEC, and its approval could set a precedent for other blockchain-based ETFs, further legitimizing cryptocurrencies in traditional financial markets. #solana #sol #solanaetf #cboe #spotetf $SOL {spot}(SOLUSDT)

Breaking News: 21Shares Files for Solana ETF with CBOE

In a significant development for the cryptocurrency market, 21Shares has officially filed for a Solana ETF with the Chicago Board Options Exchange (CBOE). The filing was submitted to the U.S. Securities and Exchange Commission (SEC) on July 8, 2024, marking a major step towards offering a regulated investment vehicle focused on Solana.
Key Details:
Filing Entity: 21SharesProposed ETF: 21Shares Core Solana ETFExchange: CBOE BZX Exchange, Inc.Filing Date: July 8, 2024SEC Form: 19b-4Description: The ETF aims to list and trade shares of the 21Shares Core Solana ETF under Rule 14.11.
Implications:
This move underscores the growing interest and institutional acceptance of Solana as a major player in the cryptocurrency ecosystem. If approved, the ETF will provide investors with a regulated and convenient way to gain exposure to Solana, potentially increasing the asset's adoption and liquidity.
The filing is now under review by the SEC, and its approval could set a precedent for other blockchain-based ETFs, further legitimizing cryptocurrencies in traditional financial markets.
#solana #sol #solanaetf #cboe #spotetf $SOL
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