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Litecoin, Solana, $XRP Among Top Crypto ETFs Set for 2025 Approval
In a recent update, Bloomberg’s Senior ETF Analyst Eric Balchunas shared fresh updates on the chances of various spot cryptocurrency ETFs getting approved by the U.S. Securities and Exchange Commission (SEC).
In a post on X (formerly Twitter), Balchunas mentioned he’s hoping to hear from the SEC directly, but for now, the chances for several crypto ETFs getting the green light are looking strong.
Would love to hear directly from Atkins, but all good chance of happening. Here’s our latest odds of approval for all the dif spot
#EFT
In a recent update, Bloomberg’s Senior ETF Analyst Eric Balchunas shared fresh updates on the chances of various spot cryptocurrency ETFs getting approved by the U.S. Securities and Exchange Commission (SEC).
In a post on X (formerly Twitter), Balchunas mentioned he’s hoping to hear from the SEC directly, but for now, the chances for several crypto ETFs getting the green light are looking strong.
Would love to hear directly from Atkins, but all good chance of happening. Here’s our latest odds of approval for all the dif spot
#EFT
Binance Market Update: Crypto Market Trends | April 30, 2025
According to CoinMarketCap data, the global crypto market cap is $2.97T, a 0.23% decrease over the last day.
Bitcoin (BTC) traded between $93,743 and $95,460 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $94,783, down by -0.16%.
Most major cryptocurrencies by market cap are trading lower. Market outperformers include ALPACA, PUNDIX, and VOXEL, up by 86%, 59%, and 56%, respectively.
Top stories of the day:
Bitcoin Price Set for Consolidation as Key US Economic Reports Loom
BNB Chain Reports Significant Growth in Q1 2025
U.S. Trade Deficit Reaches Record High in March
PCE Price Index Anticipated to Show Minimal Increase in March
SEC Delays Decision on Bitwise Spot DOGE ETF Application
Cboe Launches Cash-Settled Bitcoin Futures Trading
U.S. Consumer Confidence Hits Five-Year Low Amid Tariff Concerns
North Carolina Bitcoin Reserve Bill Advances in Legislative Process
21Shares Submits DOGE Spot ETF Application to Nasdaq
High Approval Odds for Crypto ETFs Including Litecoin and Solana
Market movers:
#ETH: $1801.18 (-1.57%)
#XRP: $2.2299 (-2.61%)
#BNB: $603.2 (-0.59%)
#SOL: $147.31 (-1.23%)
#DOGE: $0.17497 (-2.26%)
#ADA: $0.6976 (-2.30%)
#TRX: $0.245 (-1.01%)
#TRUMP: $13.11 (-5.75%)
#WBTC: $94735.99 (-0.17%)
#SUI: $3.5285 (-1.39%)
#BTC #DOGE #SEC #EFT #xrp
$BTC
$ALPACA
$ETH
According to CoinMarketCap data, the global crypto market cap is $2.97T, a 0.23% decrease over the last day.
Bitcoin (BTC) traded between $93,743 and $95,460 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $94,783, down by -0.16%.
Most major cryptocurrencies by market cap are trading lower. Market outperformers include ALPACA, PUNDIX, and VOXEL, up by 86%, 59%, and 56%, respectively.
Top stories of the day:
Bitcoin Price Set for Consolidation as Key US Economic Reports Loom
BNB Chain Reports Significant Growth in Q1 2025
U.S. Trade Deficit Reaches Record High in March
PCE Price Index Anticipated to Show Minimal Increase in March
SEC Delays Decision on Bitwise Spot DOGE ETF Application
Cboe Launches Cash-Settled Bitcoin Futures Trading
U.S. Consumer Confidence Hits Five-Year Low Amid Tariff Concerns
North Carolina Bitcoin Reserve Bill Advances in Legislative Process
21Shares Submits DOGE Spot ETF Application to Nasdaq
High Approval Odds for Crypto ETFs Including Litecoin and Solana
Market movers:
#ETH: $1801.18 (-1.57%)
#XRP: $2.2299 (-2.61%)
#BNB: $603.2 (-0.59%)
#SOL: $147.31 (-1.23%)
#DOGE: $0.17497 (-2.26%)
#ADA: $0.6976 (-2.30%)
#TRX: $0.245 (-1.01%)
#TRUMP: $13.11 (-5.75%)
#WBTC: $94735.99 (-0.17%)
#SUI: $3.5285 (-1.39%)
#BTC #DOGE #SEC #EFT #xrp
$BTC
$ALPACA
$ETH
Crypto King in Focus: Ride the Momentum with $BTC Pairings
Ready to surf the next big wave in crypto? $BTC isn’t just a coin—it’s the cornerstone of the digital asset world. As Bitcoin leads the charge in market trends and investor attention, trading it against leading altcoins unlocks powerful opportunities. Whether you're a pro or just entering the space, BTC pairings deliver unmatched liquidity, clear market signals, and massive potential. Stay ahead of the curve. Track every move. Trade with purpose. Dominate the market with $BTC —because the king never sleeps.
#BTC #EFT #ETH
Ready to surf the next big wave in crypto? $BTC isn’t just a coin—it’s the cornerstone of the digital asset world. As Bitcoin leads the charge in market trends and investor attention, trading it against leading altcoins unlocks powerful opportunities. Whether you're a pro or just entering the space, BTC pairings deliver unmatched liquidity, clear market signals, and massive potential. Stay ahead of the curve. Track every move. Trade with purpose. Dominate the market with $BTC —because the king never sleeps.
#BTC #EFT #ETH
South Korea's Political Party Proposes Major Reforms in Virtual Asset Policies
According to PANews, South Korea's People Power Party has announced plans to abolish the 'one exchange, one bank' policy among other measures as art of its presidential election promises. South Korea's Political Party Proposes Major Reforms in Virtual Asset Policies
AI Summary
According to PANews, South Korea's People Power Party has announced plans to abolish the 'one exchange, one bank' policy among other measures as part of its presidential election promises. The proposed virtual asset policy includes removing the current restriction that limits exchanges to partnering with only one bank, legalizing virtual asset trading for corporations and institutional investors, introducing a virtual asset spot ETF, advancing legislation for security tokens (STO), establishing a regulatory framework for stablecoins, drafting a Basic Law for Digital Asset Promotion, and developing an innovative virtual asset tax system. These initiatives aim to comprehensively reform the regulatory framework of South Korea's virtual asset market and promote the healthy development of the digital asset industry. proposed virtual asset policy includes removing the current restriction that limits exchanges to partnering with onlyone bank, legalizing virtual asset trading
for corporations and institutional investors, introducing a virtual asset spot ETF, advancing legislation for security tokens (STO), establishing a regulatory framework for stablecoins, drafting a Basic Law for Digital Asset Promotion, and developing an innovative virtual asset tax system. These initiatives aim to cprehensively eform the regulatory framework of South Korea's virtual asset market and promote the healthy development of the digital asset industry.
#EFT
According to PANews, South Korea's People Power Party has announced plans to abolish the 'one exchange, one bank' policy among other measures as art of its presidential election promises. South Korea's Political Party Proposes Major Reforms in Virtual Asset Policies
AI Summary
According to PANews, South Korea's People Power Party has announced plans to abolish the 'one exchange, one bank' policy among other measures as part of its presidential election promises. The proposed virtual asset policy includes removing the current restriction that limits exchanges to partnering with only one bank, legalizing virtual asset trading for corporations and institutional investors, introducing a virtual asset spot ETF, advancing legislation for security tokens (STO), establishing a regulatory framework for stablecoins, drafting a Basic Law for Digital Asset Promotion, and developing an innovative virtual asset tax system. These initiatives aim to comprehensively reform the regulatory framework of South Korea's virtual asset market and promote the healthy development of the digital asset industry. proposed virtual asset policy includes removing the current restriction that limits exchanges to partnering with onlyone bank, legalizing virtual asset trading
for corporations and institutional investors, introducing a virtual asset spot ETF, advancing legislation for security tokens (STO), establishing a regulatory framework for stablecoins, drafting a Basic Law for Digital Asset Promotion, and developing an innovative virtual asset tax system. These initiatives aim to cprehensively eform the regulatory framework of South Korea's virtual asset market and promote the healthy development of the digital asset industry.
#EFT
You can also get these 10 extra points through my way:
• Go to reward hub
• Check in daily
• Once you check inned at least 7 days you will get 7 daily check in points and 10 extras of daily check in
#EFT
• Go to reward hub
• Check in daily
• Once you check inned at least 7 days you will get 7 daily check in points and 10 extras of daily check in
#EFT
#XRPETF XRPETF — A New Milestone for Ripple and the Crypto Industry
The crypto space has entered a new era with the recent approval buzz surrounding an XRP Exchange-Traded Fund (#EFT ). This development marks a pivotal moment, not only for Ripple but for the entire blockchain ecosystem. An XRP ETF would provide traditional investors with a regulated, easily accessible method to gain exposure to XRP without directly handling the cryptocurrency itself.
The anticipated launch is fueling optimism among market analysts who believe that an XRP ETF could significantly boost institutional interest and liquidity. Experts suggest that if successful, XRP's adoption rate could see exponential growth, potentially leading to greater market stability and broader mainstream acceptance.
Moreover, the move towards an XRP ETF reflects a broader trend: the gradual integration of cryptocurrencies into traditional financial systems. As regulatory clarity improves, XRP and similar assets are increasingly seen not just as speculative investments but as viable components of a diversified portfolio.
While official announcements and regulatory confirmations are still pending, the current momentum suggests that the future of XRP is brighter than ever.
Stay tuned as we witness one of the most transformative phases for crypto in 2025.
#CryptoNewss #binanancepost
$XRP
$BTC
The crypto space has entered a new era with the recent approval buzz surrounding an XRP Exchange-Traded Fund (#EFT ). This development marks a pivotal moment, not only for Ripple but for the entire blockchain ecosystem. An XRP ETF would provide traditional investors with a regulated, easily accessible method to gain exposure to XRP without directly handling the cryptocurrency itself.
The anticipated launch is fueling optimism among market analysts who believe that an XRP ETF could significantly boost institutional interest and liquidity. Experts suggest that if successful, XRP's adoption rate could see exponential growth, potentially leading to greater market stability and broader mainstream acceptance.
Moreover, the move towards an XRP ETF reflects a broader trend: the gradual integration of cryptocurrencies into traditional financial systems. As regulatory clarity improves, XRP and similar assets are increasingly seen not just as speculative investments but as viable components of a diversified portfolio.
While official announcements and regulatory confirmations are still pending, the current momentum suggests that the future of XRP is brighter than ever.
Stay tuned as we witness one of the most transformative phases for crypto in 2025.
#CryptoNewss #binanancepost
$XRP
$BTC
A **crypto#MarketRebound is a price recovery after a sharp drop, often driven by improved sentiment, macro trends (like Fed rate cuts), or crypto-specific events (#EFT , #HalvingCountdown ). These rebounds can be swift and volatile—sometimes temporary ("dead cat bounce") or the start of a new bull market (confirmed by rising volumes and fundamentals). Examples include#bitcoin 2023 rebound ($16K → $45K) post-#FTX collapse. Key catalysts today include the 2024 Bitcoin halving, potential
Ethereum ETF approvals, and institutional
adoption. Investors should watch trends cautiously—DCA (dollar-cost averaging) reduces risk if entering during a rebound.
Ethereum ETF approvals, and institutional
adoption. Investors should watch trends cautiously—DCA (dollar-cost averaging) reduces risk if entering during a rebound.
🚨 The AI-Powered NFT Revolution Is Here! 🚀
AI + NFTs = Future of Digital Collectibles! 🤖🎨
AI-based NFTs are not just static assets; they’re evolving, adaptive, and living on the blockchain.
Check out the top AI + NFT coins that could take over the market in the next few years:
1• Alethea AI (ALI)
ATH: $1.15
Current: ~$0.21
Purpose: Alethea is bringing intelligent, interactive NFTs to life using AI, creating the world's first AI-powered NFTs that can adapt and respond to their owners.
📈 Potential: 10x–25x
2• Ethernity Chain (ERN)
ATH: $183.00
Current: ~$11.50
Purpose: Ethernity Chain is making NFTs smarter by incorporating AI-driven artwork and rewarding creators with unique, limited-edition NFTs.
📈 Potential: 5x–15x
3• Matrix AI Network (MAN)
ATH: $6.80
Current: ~$0.38
Purpose: While Matrix AI focuses on AI infrastructure, it’s powering the backend for smart NFTs that can perform real-time learning and evolution.
📈 Potential: 8x–20x
4• Art Blocks (BLOCKS)
ATH: $60.00
Current: ~$5.30
Purpose: Art Blocks focuses on generative art NFTs, and they’ve started integrating AI algorithms to create unique, generative art NFTs that evolve with time.
📈 Potential: 4x–10x
Why This Matters:
NFTs are not what they used to be. The combination of AI and NFTs is unlocking an entirely new realm of interactive and evolving collectibles. This isn’t just digital art — this is the future of AI-driven assets!
Final Takeaway:
The AI-NFT revolution is just getting started. Get in early, and you could see your portfolio explode as the AI art movement takes over the blockchain!
$BTC
$ETH
$XRP
#EFT
#AI
#Aipump
#aicoins
#gurutradeone
AI + NFTs = Future of Digital Collectibles! 🤖🎨
AI-based NFTs are not just static assets; they’re evolving, adaptive, and living on the blockchain.
Check out the top AI + NFT coins that could take over the market in the next few years:
1• Alethea AI (ALI)
ATH: $1.15
Current: ~$0.21
Purpose: Alethea is bringing intelligent, interactive NFTs to life using AI, creating the world's first AI-powered NFTs that can adapt and respond to their owners.
📈 Potential: 10x–25x
2• Ethernity Chain (ERN)
ATH: $183.00
Current: ~$11.50
Purpose: Ethernity Chain is making NFTs smarter by incorporating AI-driven artwork and rewarding creators with unique, limited-edition NFTs.
📈 Potential: 5x–15x
3• Matrix AI Network (MAN)
ATH: $6.80
Current: ~$0.38
Purpose: While Matrix AI focuses on AI infrastructure, it’s powering the backend for smart NFTs that can perform real-time learning and evolution.
📈 Potential: 8x–20x
4• Art Blocks (BLOCKS)
ATH: $60.00
Current: ~$5.30
Purpose: Art Blocks focuses on generative art NFTs, and they’ve started integrating AI algorithms to create unique, generative art NFTs that evolve with time.
📈 Potential: 4x–10x
Why This Matters:
NFTs are not what they used to be. The combination of AI and NFTs is unlocking an entirely new realm of interactive and evolving collectibles. This isn’t just digital art — this is the future of AI-driven assets!
Final Takeaway:
The AI-NFT revolution is just getting started. Get in early, and you could see your portfolio explode as the AI art movement takes over the blockchain!
$BTC
$ETH
$XRP
#EFT
#AI
#Aipump
#aicoins
#gurutradeone
Ethereum Good News.
#Ethereum✅ Vitalik Buterin Proposes RISC-V Upgrade to Supercharge Ethereum
Ethereum co-founder Vitalik Buterin has suggested a bold move—switching from the Ethereum Virtual Machine (EVM) to the RISC-V instruction set to power the network’s execution layer.
On April 20, Buterin urged Ethereum to tackle key limitations to stay fast, scalable, and competitive.
His focus:
Boost data availability sampling
Encourage healthy block production competition
Speed up zero-knowledge proof generation
He believes RISC-V could significantly enhance these areas, especially the zero-knowledge features that are key to Ethereum’s future.
> “The beam chain effort holds great promise for simplifying Ethereum’s consensus layer,” Buterin said.
“A radical shift like this might be the only way forward for the execution layer.”
This comes as Ethereum feels the heat from fast blockchains like Solana and Sui, which offer quicker, cheaper transactions—a big draw for developers and users.
Ethereum’s layer-2 "blob fees" have crashed, with Etherscan showing a drop to just 3.18 ETH (around $5,000) the week of March 30.
Meanwhile, average network fees in April 2025 hit a 5-year low of $0.16 per transaction.
As users move to layer-2 chains, Santiment’s Brian Quinlivan says this fee drop reflects less action on Ethereum’s main layer.
But it also means less revenue for Ethereum’s core system.
He also criticized Ethereum’s community for flooding the space with too many tokens:
> “ETH was buried in an avalanche of its own tokens. Self-killed.”
These comments follow Lekker Capital's Quinn Thompson, who bluntly stated:
> “Ethereum is completely dead as an investment.”
Despite Ethereum’s strong blockchain tech, falling user activity, low transactions, and weak revenue are raising red flags for investors.
#Ethereum #EFT #ETH🔥🔥🔥🔥🔥🔥
Ethereum co-founder Vitalik Buterin has suggested a bold move—switching from the Ethereum Virtual Machine (EVM) to the RISC-V instruction set to power the network’s execution layer.
On April 20, Buterin urged Ethereum to tackle key limitations to stay fast, scalable, and competitive.
His focus:
Boost data availability sampling
Encourage healthy block production competition
Speed up zero-knowledge proof generation
He believes RISC-V could significantly enhance these areas, especially the zero-knowledge features that are key to Ethereum’s future.
> “The beam chain effort holds great promise for simplifying Ethereum’s consensus layer,” Buterin said.
“A radical shift like this might be the only way forward for the execution layer.”
This comes as Ethereum feels the heat from fast blockchains like Solana and Sui, which offer quicker, cheaper transactions—a big draw for developers and users.
Ethereum’s layer-2 "blob fees" have crashed, with Etherscan showing a drop to just 3.18 ETH (around $5,000) the week of March 30.
Meanwhile, average network fees in April 2025 hit a 5-year low of $0.16 per transaction.
As users move to layer-2 chains, Santiment’s Brian Quinlivan says this fee drop reflects less action on Ethereum’s main layer.
But it also means less revenue for Ethereum’s core system.
He also criticized Ethereum’s community for flooding the space with too many tokens:
> “ETH was buried in an avalanche of its own tokens. Self-killed.”
These comments follow Lekker Capital's Quinn Thompson, who bluntly stated:
> “Ethereum is completely dead as an investment.”
Despite Ethereum’s strong blockchain tech, falling user activity, low transactions, and weak revenue are raising red flags for investors.
#Ethereum #EFT #ETH🔥🔥🔥🔥🔥🔥
Binance Square Official
--
Canary Capital has filed for a U.S. spot ETF that would track the price of Tron’s TRX token and include staking rewards. If approved, it would be the first Tron ETF in the U.S., adding to the wave of altcoin ETF proposals now under SEC review.
💬 Would you invest in a TRX ETF with staking? What’s your view on altcoin ETFs gaining traction?
👉 Create a post with the #TRXETF or the $TRX cashtag, or share your trader’s profile and insights to earn Binance points!
(Press the “+” on the App homepage and click on Task Center)
Activity period: 2025-04-20 06:00 (UTC) to 2025-04-21 06:00 (UTC)
Points rewards are first-come, first-served, so be sure to claim your points daily!
💬 Would you invest in a TRX ETF with staking? What’s your view on altcoin ETFs gaining traction?
👉 Create a post with the #TRXETF or the $TRX cashtag, or share your trader’s profile and insights to earn Binance points!
(Press the “+” on the App homepage and click on Task Center)
Activity period: 2025-04-20 06:00 (UTC) to 2025-04-21 06:00 (UTC)
Points rewards are first-come, first-served, so be sure to claim your points daily!
#TRXETF
Canary Capital Seeks SEC Approval for First Staked TRX ETF, Pioneering Yield-Generating Crypto Investments.
Canary Capital has made a significant move in the cryptocurrency investment sector by submitting an application to the U.S. Securities and Exchange Commission (SEC) for the launch of the Canary Staked TRX ETF. If approved, this would mark the first exchange-traded fund in the United States exclusively dedicated to TRON (TRX), integrating both price tracking and staking mechanisms to target an estimated 4.5% annual yield. This innovative approach offers investors a dual advantage: exposure to TRX’s market performance and the opportunity to earn passive income through staking rewards.
TRON’s strong market presence—boasting a capitalization exceeding $22 billion and facilitating roughly 37% of all USDT transactions—underscores its significance in the blockchain ecosystem. The proposed ETF could serve as a key gateway for institutional and retail investors looking to diversify into yield-generating crypto assets. To enhance trust and transparency, BitGo has been appointed as the custodian, while CoinDesk Indices will oversee pricing.
The approval of this ETF remains uncertain, as the SEC has yet to clarify its stance on staking within regulated investment products. A favorable decision could establish a critical precedent, paving the way for similar income-focused crypto funds in the future. This development reflects the growing convergence of traditional finance and blockchain-based innovations, signaling a potential shift in how digital assets are integrated into mainstream investment portfolios.
#Tron #EFT #TRX
Canary Capital Seeks SEC Approval for First Staked TRX ETF, Pioneering Yield-Generating Crypto Investments.
Canary Capital has made a significant move in the cryptocurrency investment sector by submitting an application to the U.S. Securities and Exchange Commission (SEC) for the launch of the Canary Staked TRX ETF. If approved, this would mark the first exchange-traded fund in the United States exclusively dedicated to TRON (TRX), integrating both price tracking and staking mechanisms to target an estimated 4.5% annual yield. This innovative approach offers investors a dual advantage: exposure to TRX’s market performance and the opportunity to earn passive income through staking rewards.
TRON’s strong market presence—boasting a capitalization exceeding $22 billion and facilitating roughly 37% of all USDT transactions—underscores its significance in the blockchain ecosystem. The proposed ETF could serve as a key gateway for institutional and retail investors looking to diversify into yield-generating crypto assets. To enhance trust and transparency, BitGo has been appointed as the custodian, while CoinDesk Indices will oversee pricing.
The approval of this ETF remains uncertain, as the SEC has yet to clarify its stance on staking within regulated investment products. A favorable decision could establish a critical precedent, paving the way for similar income-focused crypto funds in the future. This development reflects the growing convergence of traditional finance and blockchain-based innovations, signaling a potential shift in how digital assets are integrated into mainstream investment portfolios.
#Tron #EFT #TRX
#TRXETF
🔥 TRX + EFT = The Future of Digital Finance! 🔥
#TRXEFT | Unleash the Power of Possibility
TRON ki speed + EFT ki real-world utility = Next-level Crypto Potential!
Why You Can’t Ignore #TRXEFT:
⚡ Ultra-Fast TRX Network
🔒 EFT with Real Utility & Trust
🌐 Growing Global Ecosystem
💸 Low Fees – High Returns
Crypto is evolving. Are you ready?
Dive into the #TRXEFT pair now – only on #Binance!
#TRX #EFT
$TRX
🔥 TRX + EFT = The Future of Digital Finance! 🔥
#TRXEFT | Unleash the Power of Possibility
TRON ki speed + EFT ki real-world utility = Next-level Crypto Potential!
Why You Can’t Ignore #TRXEFT:
⚡ Ultra-Fast TRX Network
🔒 EFT with Real Utility & Trust
🌐 Growing Global Ecosystem
💸 Low Fees – High Returns
Crypto is evolving. Are you ready?
Dive into the #TRXEFT pair now – only on #Binance!
#TRX #EFT
$TRX
#TRXETF
Is #TRXETF Gearing Up for a Breakout?
TRXETF is showing signs of consolidation near key levels. Watch closely for a breakout confirmation.
Support: 0.085
Resistance: 0.092
Momentum: Neutral with slight bullish bias
Trade Idea: Buy on breakout above 0.092 with volume
Target 1: 0.096
Target 2: 0.100
Stop Loss: 0.084
Stay alert—momentum could shift fast.
#EFT
#TRX
#TradeSmart
Is #TRXETF Gearing Up for a Breakout?
TRXETF is showing signs of consolidation near key levels. Watch closely for a breakout confirmation.
Support: 0.085
Resistance: 0.092
Momentum: Neutral with slight bullish bias
Trade Idea: Buy on breakout above 0.092 with volume
Target 1: 0.096
Target 2: 0.100
Stop Loss: 0.084
Stay alert—momentum could shift fast.
#EFT
#TRX
#TradeSmart
#TRXETF BREAKING NEWS! 🚨💥 Market update: TRX surges 15% in the last 24 hours, while EFT experiences a 20% spike! 📈💰 What's driving this momentum? Share your insights and analysis! 💬 #TRXEFT #CryptoNews #MarketUpdate $TRX #EFT
See original
ETH Withdrawals from Exchanges Rise: Why?
According to data based on the Glassnode platform, a significant increase in Ethereum (ETH) withdrawals from trading platforms has been recorded.
These withdrawals could be driven by investors' obsession with spot ETFs that will be due to enter the market starting on July 23.
Leon Weidman, a cryptocurrency analyst at BTC-ECHO, explained that this trend reflects a strong interest from Ethereum (ETH) investors, as these investors withdraw their assets from trading platforms, which is usually considered a strong bullish indicator.
According to published data, Ethereum (ETH) investors withdrew the equivalent of $126 million from trading platforms within just seven days.
A peak in exchange reserves was recorded after Ethereum (ETH) reached a three-year high above $4,000.
As the hype around spot ETFs increases, Weidman expects a significant rise in the price of Ethereum, indicating that the next rise may be soon.
Ethereum (ETH) is currently trading at $3,500, with a 1% rise over the past 24 hours, with trading volume down 15% to $13.3 billion.
$ETH
$BTC
#ETHETFsApproved
#eft
#ETFvsBTC
According to data based on the Glassnode platform, a significant increase in Ethereum (ETH) withdrawals from trading platforms has been recorded.
These withdrawals could be driven by investors' obsession with spot ETFs that will be due to enter the market starting on July 23.
Leon Weidman, a cryptocurrency analyst at BTC-ECHO, explained that this trend reflects a strong interest from Ethereum (ETH) investors, as these investors withdraw their assets from trading platforms, which is usually considered a strong bullish indicator.
According to published data, Ethereum (ETH) investors withdrew the equivalent of $126 million from trading platforms within just seven days.
A peak in exchange reserves was recorded after Ethereum (ETH) reached a three-year high above $4,000.
As the hype around spot ETFs increases, Weidman expects a significant rise in the price of Ethereum, indicating that the next rise may be soon.
Ethereum (ETH) is currently trading at $3,500, with a 1% rise over the past 24 hours, with trading volume down 15% to $13.3 billion.
$ETH
$BTC
#ETHETFsApproved
#eft
#ETFvsBTC
See original
VanEck and 21Shares’ Solana ETFs Removed from Cboe Website
The disappearance has raised questions about whether the applications have been withdrawn or if they face other challenges.
Missing Application Process and Notices:
VanEck and 21Shares filed their Form 19b-4 petitions on July 8, after submitting their S-1 documents in June.
These forms are essential to the ETF approval process.
The S-1 forms outline a fund’s application, while the 19b-4 is intended to inform the SEC of a proposed rule change by a self-regulatory organization.
After a 19b-4 is filed, the SEC typically opens a 240-day review window.
However, the SEC has yet to issue any filing notices for the Solana ETFs.
The absence of these notices, coupled with the removal of the documents from Cboe’s website, has raised speculation that the applications may have been withdrawn.
This situation has created uncertainty among investors about the future of these ETFs.
VanEck and 21Shares were hoping to capitalize on the growing interest in cryptocurrency-linked ETFs.
However, experts such as Katalin Tischhauser of Sygnum Bank point out that the Solana ETF may not be approved before 2026.
#eft
The disappearance has raised questions about whether the applications have been withdrawn or if they face other challenges.
Missing Application Process and Notices:
VanEck and 21Shares filed their Form 19b-4 petitions on July 8, after submitting their S-1 documents in June.
These forms are essential to the ETF approval process.
The S-1 forms outline a fund’s application, while the 19b-4 is intended to inform the SEC of a proposed rule change by a self-regulatory organization.
After a 19b-4 is filed, the SEC typically opens a 240-day review window.
However, the SEC has yet to issue any filing notices for the Solana ETFs.
The absence of these notices, coupled with the removal of the documents from Cboe’s website, has raised speculation that the applications may have been withdrawn.
This situation has created uncertainty among investors about the future of these ETFs.
VanEck and 21Shares were hoping to capitalize on the growing interest in cryptocurrency-linked ETFs.
However, experts such as Katalin Tischhauser of Sygnum Bank point out that the Solana ETF may not be approved before 2026.
#eft
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