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Crypto ALI 248
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🛑🛑Bloomberg analyst predicts $3-4B in flows for upcoming spot Ethereum ETF in first 6 months: James Seyffart $BTC $ETH $BNB #Write2Earn!
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First Solana (SOL) ETFs Filed With Cboe by Investment Giants VanEck and 21Shares Applications for the first Solana (SOL) exchange-traded funds (ETFs) on the Chicago Board Options Exchange (CBOE) have been filed with the U.S. Securities and Exchange Commission (SEC). According to new filings with the Cboe, both VanEck and 21Shares applied for Solana futures ETFs yesterday. VanEck executive Matthew Sigel also confirmed for the Solana ETF filing on the social media platform X. “We at VanEck are pleased to announce that CBOE just filed our 19b-4 to list and trade shares of the FIRST Solana exchange-traded fund in the US! We look forward to engaging with the SEC during the review period.” According to Bloomberg ETF analyst Eric Balchunas, the Solana ETF response deadline from the SEC is in the spring of next year. “Looks like Solana ETFs are going to have a final deadline of mid-March 2025. But between now and then the most important date is in November. If Biden wins, these likely DOA. If Trump wins, anything possible.” VanEck’s Sigel previously said that the firm’s Solana ETF filing was part of a bet that Donald Trump would win the 2024 election and implement crypto-friendly regulations and install pro-crypto executives within his administration. Bloomberg’s Balchunas said he thought the filing was “a call option on the POTUS election.” “The knee-jerk reaction here is: ‘oh, this will never be approved because there aren’t Solana futures.’ Agree, but if [there’s a] change at POTUS (President of the United States) I think anything [is] possible. Just imagine [SEC Commissioner] Hester Peirce (or someone like that) running the SEC.” SOL is trading for $142 at time of writing, up 5% in the last 24 hours. $BTC $SOL $BNB #Write2Earn!
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Thank You Binance 😍😍 #gift #thankyoubinance #BinanceSquareFamily $BNB $BNB $BNB
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This Altcoin Received the Support of BlackRock, There was a Jump in Price! Manta Network announced the launch of wUSDM through BlackRock BUIDL Fund support and Mountain Protocol. In the statement, it was stated that Manta Network's wUSDM issued through the Mountain Protocol was supported by BlackRock's BUIDL Fund. Manta Network is proud to announce that wUSDM, the on-chain yield-generating stablecoin distributed by Mountain Protocol on Manta Pacific, is now backed by BlackRock's BUIDL Fund and facilitated through Securitize, BlackRock's tokenization platform and transfer agent for BUIDL. USDM is a stablecoin distributed by the Mountain Protocol and historically backed by US Treasury bills. Now USDM will also be supported by BlackRock's BUIDL Fund.” $BTC $MANTA $BNB #CryptoPCEWatch #MtGoxJulyRepayments #CryptoTradingGuide
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BREAKING: 🇺🇸 Federal Reserve leaves interest rates unchanged at 5.25% - 5.50%.
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