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Huge gap between fiat price and futures price. $BTC #Market_Update #MarketInsights
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$BTC WEEKLY TF UPDATE : BITCOIN on Weekly TF, price dropped well, its trying to close below the weekly zone. With the closing there will be fear in the market. The only best possible scenario will be a fakeout will happen. #Market_Update #marketanalysis #cryptoanalysis
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The US Securities and Exchange Commission (SEC) has formally requested a revision of the S-1 form for Ethereum spot exchange-traded funds (ETFs). This decision caused a delay in the launch which was initially expected to launch on July 2. Prospective issuers of Ethereum spot ETF products will need to respond to the SEC's comments and resubmit revised forms by July 8. According to Bloomberg ETF analysts Eric Balchunas and James Seyffart, the SEC has taken extra time to return S-1 forms, pushing their release to mid-July or late. ETF Store President Nate Geraci mentioned that the latest round of S-1 revisions will be relatively quick, estimating that the SEC will allow issuers to launch their products within 14-21 days. However, the exact schedule is currently still uncertain. #VanEck_SOL_ETFS #ETH_ETFs_Approval_Predictions #Market_Update #CryptoNewss
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In a significant development in the Cryptocurrency industry, investment firm 21Shares has filed an S-1 registration form for its Spot Solana ETF with the US Securities and Exchange Commission (SEC). 21Shares' application follows similar filings by Bitcoin ETF issuer and asset manager VanEck on Thursday, indicating that there is increased interest in Solana as a potential Ethereum ETF competitor. The 21Shares Core Solana ETF, as described in the filing, is designed to issue common shares of beneficial interest that will trade on the Cboe BZX Exchange. The investment objective is to track the Live price of SOL, providing investors with a convenient and cost-effective method to gain exposure to $SOL without making a direct investment in the asset. It seems that in the future there will be more investment companies that will propose this newest product. #VanEck_SOL_ETFS #ETH_ETFs_Approval_Predictions #Market_Update #MarketInsights #CryptoNewss
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Market on a key area. What do you think? #MarketSentimentToday #MarketPredictions
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