Good news! The Sol ETF is experiencing a significant turnaround.
Grayscale submitted a 19b-4 filing to the SEC today, applying to convert its Grayscale Solana Trust (GSOL) into a Solana ETF!
Previously, Sol's ETFs were mostly standalone, with well-known institutions like VanEck and Bitwise. Now the giant Grayscale is here, having successfully applied for Bitcoin and Ethereum ETFs. The fact that they are now applying for Sol's ETF indicates a high probability of approval, with the latest review deadline being next March.
We have always stood by Sol, and after last night's plunge, I wonder if everyone managed to buy the dip; it has immediately rebounded. These quality assets are worth investing in even with pullbacks; holding Sol with 2x leverage could see it rise to 500-1000, which is very wonderful.
Recently, the Uni and Puffer that we've been positioning in have performed quite well, with Uni rising from 12.8 to 15+. As for coins like TRX and XRP, they carry higher risks, and I am not disappointed for not making money on them; I only trade what I have confidence in. For example, we held Doge from 0.1 to 0.4, a 4x increase, catching the wave of Elon Musk. And Doge might surge again before Elon’s inauguration on January 20, reaching 0.7u; just be patient.
As for Pepe and the like, we have already tripled or doubled our investments, and it is currently consolidating. The sectors are rotating; once old coins have surged, the next may just switch to meme coins, and they will definitely rise; it’s just a matter of time. Stick to your true intentions, and don’t chase what’s rising; it’s easy to get buried. I have always bought coins when no one cares, patiently waiting for them to astonish everyone!
