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SOLETFSONTHEHORIZON

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Exciting times ahead for Solana and Litecoin! CoinShares and Grayscale have filed for new ETF registrations, while the SEC's first review deadline for Solana ETF applications is set for January 25, 2025. With major players like VanEck and Bitwise in the mix, could this be the next big move for crypto ETFs? Will Solana ETFs gain approval and bring new institutional inflows? Share your thoughts below!
Abbas gujjar01
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Bullish
šŸš€ $ANIME /USDT: Long trade signalšŸŽÆ šŸŽÆ Trade Signal: šŸ’° Long Entry Levels: $0.0546 (Support level) $0.0560 (Breakout entry) šŸŽÆ Target Levels: $0.0600 (Immediate resistance) $0.0660 (Extended bullish target) šŸ›‘ Stop Loss: $0.0520 (Below key support level) ⚔ My Opinion: $ANIME {spot}(ANIMEUSDT) /USDT is currently trading at $0.0569, down -10.25%, testing key support levels at $0.0546. With a high volume of 1.53B ANIME and significant movement within the NFT sector, the coin could be setting up for a bounce from this support zone. Watch for a confirmation above $0.0560 for potential upside toward $0.0600 and $0.0660. #USConsumerConfidence #SOLETFsOnTheHorizon #TrumpCryptoOrder #BinanceAlphaAlert #writetoearn
šŸš€ $ANIME /USDT: Long trade signalšŸŽÆ

šŸŽÆ Trade Signal:

šŸ’° Long Entry Levels:

$0.0546 (Support level)

$0.0560 (Breakout entry)

šŸŽÆ Target Levels:

$0.0600 (Immediate resistance)

$0.0660 (Extended bullish target)

šŸ›‘ Stop Loss:

$0.0520 (Below key support level)

⚔ My Opinion:

$ANIME
/USDT is currently trading at $0.0569, down -10.25%, testing key support levels at $0.0546. With a high volume of 1.53B ANIME and significant movement within the NFT sector, the coin could be setting up for a bounce from this support zone. Watch for a confirmation above $0.0560 for potential upside toward $0.0600 and $0.0660.
#USConsumerConfidence #SOLETFsOnTheHorizon #TrumpCryptoOrder #BinanceAlphaAlert #writetoearn
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Million Dollar Fraud in Marbella: Fake Doctor Arrested for Cryptocurrency FraudMarbella, Spain – January 25, 2025 The Marbella National Police have arrested a man accused of carrying out a cryptocurrency scam of more than one million euros, deceiving five Swedish investors. The suspect, who falsely presented himself as a doctor and an authorized crypto manager, promised high returns and safe operations in digital assets. According to authorities, the scheme began about a year ago when the accused gained the trust of his victims through exclusive events and social media, flaunting a luxurious lifestyle and demonstrating convincing technical knowledge about blockchain investments. However, after investors made substantial deposits, he would disappear with the funds, offering excuses for delays in the alleged returns.

Million Dollar Fraud in Marbella: Fake Doctor Arrested for Cryptocurrency Fraud

Marbella, Spain – January 25, 2025
The Marbella National Police have arrested a man accused of carrying out a cryptocurrency scam of more than one million euros, deceiving five Swedish investors. The suspect, who falsely presented himself as a doctor and an authorized crypto manager, promised high returns and safe operations in digital assets.
According to authorities, the scheme began about a year ago when the accused gained the trust of his victims through exclusive events and social media, flaunting a luxurious lifestyle and demonstrating convincing technical knowledge about blockchain investments. However, after investors made substantial deposits, he would disappear with the funds, offering excuses for delays in the alleged returns.
#SOLETFsOnTheHorizon #SOLETFsOnTheHorizon SOLETFs on the Horizon: A Brighter Future for Sustainable Investments Sustainable and Organic Long-term Exchange-Traded Funds (SOLETFs) are making waves in the investment world. With a focus on eco-friendly initiatives, these funds aim to combine financial growth with environmental responsibility. Recent reports highlight a surge in interest among young investors, drawn to portfolios emphasizing renewable energy, green technology, and social equity. Experts predict SOLETFs could become a cornerstone of ethical investing in the coming decade. This shift represents a win-win: contributing to a healthier planet while securing promising financial returns. Stay tuned as SOLETFs continue to reshape the investment landscape with a sustainable edge. šŸŒšŸ’¹
#SOLETFsOnTheHorizon

#SOLETFsOnTheHorizon SOLETFs on the Horizon: A Brighter Future for Sustainable Investments

Sustainable and Organic Long-term Exchange-Traded Funds (SOLETFs) are making waves in the investment world. With a focus on eco-friendly initiatives, these funds aim to combine financial growth with environmental responsibility.

Recent reports highlight a surge in interest among young investors, drawn to portfolios emphasizing renewable energy, green technology, and social equity. Experts predict SOLETFs could become a cornerstone of ethical investing in the coming decade.

This shift represents a win-win: contributing to a healthier planet while securing promising financial returns. Stay tuned as SOLETFs continue to reshape the investment landscape with a sustainable edge. šŸŒšŸ’¹
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Bullish
$BTC /USDT: Long trade signalšŸŽÆ šŸŽÆ Trade Signal: šŸ’° Long Entry Levels: $104,200 (Pullback entry near support) $105,000 (Breakout confirmation) šŸŽÆ Target Levels: $106,500 (Immediate resistance) $107,500 (Extended target) šŸ›‘ Stop Loss: $103,500 (Below strong support) ⚔ My Opinion: $BTC is trading at $104,773.52, down -1.55% over the past 24 hours, with healthy volume at 1.38B USDT. The price is holding above key support near $104,100 and $104,200. A bounce from these levels or a breakout above $105,000 could lead to a test of $106,500 or even $107,500. Use tight risk management with a stop loss below $103,500 to protect against downside risk. A strong setup for a potential rebound or breakout. #USConsumerConfidence #SOLETFsOnTheHorizon #TrumpCryptoOrder #BinanceAlphaAlert #writetoearn {spot}(BTCUSDT)
$BTC /USDT: Long trade signalšŸŽÆ
šŸŽÆ Trade Signal:

šŸ’° Long Entry Levels:

$104,200 (Pullback entry near support)

$105,000 (Breakout confirmation)

šŸŽÆ Target Levels:

$106,500 (Immediate resistance)

$107,500 (Extended target)

šŸ›‘ Stop Loss:

$103,500 (Below strong support)

⚔ My Opinion:

$BTC is trading at $104,773.52, down -1.55% over the past 24 hours, with healthy volume at 1.38B USDT. The price is holding above key support near $104,100 and $104,200. A bounce from these levels or a breakout above $105,000 could lead to a test of $106,500 or even $107,500. Use tight risk management with a stop loss below $103,500 to protect against downside risk. A strong setup for a potential rebound or breakout.
#USConsumerConfidence #SOLETFsOnTheHorizon #TrumpCryptoOrder #BinanceAlphaAlert #writetoearn
$OM /USDT Bull Run Alert! šŸ”„šŸ’Æ Bullish Zone Start āš ļø Enter Now šŸš€ Current Price: $3.8168 Recommended Strategy: Entry Zone: Between $3.8100 - $3.8300 Target Levels: Target 1: $3.9500 Target 2: $4.1000 Stop Loss: $3.7500 (to manage risk effectively) The price is gaining momentum, breaking into a bullish zone with strong volume, indicating further upside potential. Be prepared for potential volatility and always follow proper risk management. Trade smart and stay disciplined! $OM {spot}(OMUSDT) #USConsumerConfidence #SOLETFsOnTheHorizon #TrumpCryptoOrder #BinanceAlphaAlert #Write2Earn!
$OM /USDT Bull Run Alert! šŸ”„šŸ’Æ
Bullish Zone Start āš ļø Enter Now šŸš€

Current Price: $3.8168

Recommended Strategy:

Entry Zone: Between $3.8100 - $3.8300

Target Levels:

Target 1: $3.9500

Target 2: $4.1000

Stop Loss: $3.7500 (to manage risk effectively)

The price is gaining momentum, breaking into a bullish zone with strong volume, indicating further upside potential. Be prepared for potential volatility and always follow proper risk management.

Trade smart and stay disciplined!

$OM
#USConsumerConfidence #SOLETFsOnTheHorizon #TrumpCryptoOrder #BinanceAlphaAlert #Write2Earn!
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#USConsumerConfidence For the crypto market, it is as follows: Donald Trump’s inauguration and the launch of the ā€œTRUMPā€ coin Trump’s inauguration today, January 20, may bring about the signing of executive orders quickly, which may add volatility to the market. The launch of the ā€œTRUMPā€ coin over the weekend and its rapid rise to a huge valuation and then its collapse by 50% highlights the importance of monitoring its impact on the meme coin market in general. Economic data and reports This week, major economic reports will be released, including unemployment data and the PMI. In addition to home sales and consumer confidence data on Friday, all of these indicators may provide clues about the broader state of the economy and how it affects investor sentiment. European Central Bank policies and earnings reports The European Central Bank meeting on Thursday may carry clues about future interest rates. Earnings reports from companies like Netflix and American Express can also affect global market sentiment and thus the currency market. #USConsumerConfidence #SOLETFsOnTheHorizon #TrumpCryptoOrder #BinanceAlphaAlert
#USConsumerConfidence For the crypto market, it is as follows:
Donald Trump’s inauguration and the launch of the ā€œTRUMPā€ coin
Trump’s inauguration today, January 20, may bring about the signing of executive orders quickly, which may add volatility to the market.
The launch of the ā€œTRUMPā€ coin over the weekend and its rapid rise to a huge valuation and then its collapse by 50% highlights the importance of monitoring its impact on the meme coin market in general.
Economic data and reports
This week, major economic reports will be released, including unemployment data and the PMI.
In addition to home sales and consumer confidence data on Friday, all of these indicators may provide clues about the broader state of the economy and how it affects investor sentiment.
European Central Bank policies and earnings reports
The European Central Bank meeting on Thursday may carry clues about future interest rates.
Earnings reports from companies like Netflix and American Express can also affect global market sentiment and thus the currency market.
#USConsumerConfidence
#SOLETFsOnTheHorizon
#TrumpCryptoOrder
#BinanceAlphaAlert
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Bullish
šŸš€ $LTC /USDT: Momentum Building for a Breakout! šŸ”„ Targeting $130—Bullish Trend in Play! šŸ“ˆ šŸ“Š Market Overview: $LTC /USDT is trading at $121.85, up +3.62% in the last 24 hours. It recorded a 24h high of $125.60 and a low of $116.44, with strong volumes of 1.26M LTC and 152.50M USDT traded. The depth chart indicates sustained buying pressure, setting the stage for a potential upward breakout. šŸŽÆ Trade Signal: šŸ’° Long Entry Levels: $119.50 (Pullback entry for lower risk) $122.00 (Aggressive entry for breakout traders) šŸŽÆ Target Levels: $125.50 (Immediate resistance) $130.00 (Mid-term target) šŸ›‘ Stop Loss: $115.50 (Below key support level) ⚔ My Opinion: LTC is poised for further upside, with a clean breakout above $125.60 likely to attract more buyers. Keep an eye on the depth and volume metrics for confirmation. This is an excellent opportunity for short-to-mid-term gains while managing risks with a tight stop loss. #USConsumerConfidence #SOLETFsOnTheHorizon #TrumpCryptoOrder #BinanceAlphaAlert #writetoearn {spot}(LTCUSDT)
šŸš€ $LTC /USDT: Momentum Building for a Breakout! šŸ”„
Targeting $130—Bullish Trend in Play! šŸ“ˆ

šŸ“Š Market Overview:

$LTC /USDT is trading at $121.85, up +3.62% in the last 24 hours. It recorded a 24h high of $125.60 and a low of $116.44, with strong volumes of 1.26M LTC and 152.50M USDT traded. The depth chart indicates sustained buying pressure, setting the stage for a potential upward breakout.

šŸŽÆ Trade Signal:

šŸ’° Long Entry Levels:

$119.50 (Pullback entry for lower risk)

$122.00 (Aggressive entry for breakout traders)

šŸŽÆ Target Levels:

$125.50 (Immediate resistance)

$130.00 (Mid-term target)

šŸ›‘ Stop Loss:

$115.50 (Below key support level)

⚔ My Opinion:

LTC is poised for further upside, with a clean breakout above $125.60 likely to attract more buyers. Keep an eye on the depth and volume metrics for confirmation. This is an excellent opportunity for short-to-mid-term gains while managing risks with a tight stop loss.
#USConsumerConfidence #SOLETFsOnTheHorizon #TrumpCryptoOrder #BinanceAlphaAlert #writetoearn
#Sole#SOLETFsOnTheHorizon #SOLETFsOnTheHorizon With Solana’s price having a breeze recently, we could expect this trend to continue. Furthermore, this expert has come out putting the chances of a SOL ETF at 80% by the end of the year. Fueled by such predictions and optimism, he’s expecting the Solana price to climb to its new ATH by February. However, he also points to a new $0.08 altcoin for those seeking exponential gains that established coins can not provide. Read on to find out more about Solana’s price trajectory in the coming period and why this altcoin is set to outperform, delivering life-changing gains. Is SOL ETF On The Horizon? Solana is a high-performance blockchain platform designed to support decentralized applications (dApps) and crypto projects with fast transaction speeds and low fees. This flexibility has made it regarded as the home to dApps, DeFi, and NFTs. Solana’s price is currently sitting at $248, 22% up on the weekly charts, retaining its form despite the unstable market periods. The Solana price reached its ATH in November 2021 at a record high of $260. During the November 2024 market rally, Solana once again soared and managed to test the $250 level. This phenomenal price movement can be attributed to several factors, one of them being rumors about the potential approval of SOL ETFs by mid-2025. Notably, asset management firms such as REX Advisers and Osprey Funds have filed applications with the U.S. Securities and Exchange Commission (SEC) to launch SOL ETFs. Market analysts are increasingly optimistic about the approval of SOL ETFs in 2025. Experts have reportedly predicted an 80% chance of the SEC greenlighting spot SOL ETFs within the year. The approval of SOL ETFs is expected to have a substantial impact on Solana’s price. However, despite all of this, its large market cap and it being a well-established coin will keep the growth more modest. According to some analysts, the Solana price could rise to $300 by the end of the year, paling in comparison to the $0.08 altcoin. Furthermore, the declining interest in SOL-based meme coins could

#Sole

#SOLETFsOnTheHorizon

#SOLETFsOnTheHorizon
With Solana’s price having a breeze recently, we could expect this trend to continue. Furthermore, this expert has come out putting the chances of a SOL ETF at 80% by the end of the year.
Fueled by such predictions and optimism, he’s expecting the Solana price to climb to its new ATH by February. However, he also points to a new $0.08 altcoin for those seeking exponential gains that established coins can not provide. Read on to find out more about Solana’s price trajectory in the coming period and why this altcoin is set to outperform, delivering life-changing gains.
Is SOL ETF On The Horizon?
Solana is a high-performance blockchain platform designed to support decentralized applications (dApps) and crypto projects with fast transaction speeds and low fees. This flexibility has made it regarded as the home to dApps, DeFi, and NFTs. Solana’s price is currently sitting at $248, 22% up on the weekly charts, retaining its form despite the unstable market periods. The Solana price reached its ATH in November 2021 at a record high of $260. During the November 2024 market rally, Solana once again soared and managed to test the $250 level.
This phenomenal price movement can be attributed to several factors, one of them being rumors about the potential approval of SOL ETFs by mid-2025. Notably, asset management firms such as REX Advisers and Osprey Funds have filed applications with the U.S. Securities and Exchange Commission (SEC) to launch SOL ETFs. Market analysts are increasingly optimistic about the approval of SOL ETFs in 2025. Experts have reportedly predicted an 80% chance of the SEC greenlighting spot SOL ETFs within the year.
The approval of SOL ETFs is expected to have a substantial impact on Solana’s price. However, despite all of this, its large market cap and it being a well-established coin will keep the growth more modest. According to some analysts, the Solana price could rise to $300 by the end of the year, paling in comparison to the $0.08 altcoin. Furthermore, the declining interest in SOL-based meme coins could
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Bullish
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The introduction of Solana ETFs (Exchange Traded Funds) is currently in the spotlight of the financial world. Matthew Sigel, head of Digital Asset Research at VanEck, expressed the expectation that a Solana ETF will be approved and listed by the end of 2025. Similarly optimistic was Nate Geraci, president of The ETF Store, who also anticipates approval by the end of 2025 at the latest. However, there are also cautious voices. Samara Cohen, CIO of BlackRock, emphasized that there is currently no interest in introducing a Solana ETF, as no other crypto asset besides Bitcoin and Ethereum meets the required criteria. The regulatory landscape plays a crucial role in this. The Chicago Board Options Exchange (CBOE) recently withdrew applications for a Solana ETF at the recommendation of the US Securities and Exchange Commission (SEC), underscoring the uncertainty regarding the approval of such financial products. Nevertheless, political developments in the US could change the dynamics. With the election of Donald Trump and the expected appointment of a more crypto-friendly SEC chair, industry experts are hopeful for a loosening of existing restrictions, which could facilitate the introduction of crypto ETFs, including Solana.
The introduction of Solana ETFs (Exchange Traded Funds) is currently in the spotlight of the financial world. Matthew Sigel, head of Digital Asset Research at VanEck, expressed the expectation that a Solana ETF will be approved and listed by the end of 2025. Similarly optimistic was Nate Geraci, president of The ETF Store, who also anticipates approval by the end of 2025 at the latest.

However, there are also cautious voices. Samara Cohen, CIO of BlackRock, emphasized that there is currently no interest in introducing a Solana ETF, as no other crypto asset besides Bitcoin and Ethereum meets the required criteria.

The regulatory landscape plays a crucial role in this. The Chicago Board Options Exchange (CBOE) recently withdrew applications for a Solana ETF at the recommendation of the US Securities and Exchange Commission (SEC), underscoring the uncertainty regarding the approval of such financial products.

Nevertheless, political developments in the US could change the dynamics. With the election of Donald Trump and the expected appointment of a more crypto-friendly SEC chair, industry experts are hopeful for a loosening of existing restrictions, which could facilitate the introduction of crypto ETFs, including Solana.
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#SOLETFsOnTheHorizon Time is money – yet $4 trillion is still trapped in pre-funded accounts just to make global payments work. In 2025, we’re still waiting days and paying 7% to move value across borders. Messari analyst Austin Wyler recently released a detailed report covering how PayFi on Solana is fixing this. We’ve rounded up some of the highlights for you: 1. Reimagined Cross-Border Settlement Huma Protocol’s Arf USDC pool on Solana processed $2.8 billion with zero defaults, moving $16 million into 50 rounds annually and growing 86% through 2024. 2. Reduced Costs for Merchants Traditional card payments cost merchants over 3% and take days to settle. Over 6,000 merchants now use Solana Payments via Helio on Shopify: instant settlement, 1% fee, no refunds. 3. Privacy-Preserving Settlement for Institutions Spherenet, a Sphere Labs permissioned SVM blockchain, offers compliant, privacy-preserving settlement for regulated financial institutions. 4. DePIN Financing Roam launches the first DePIN hardware financing program dedicated to Solana — users can finance Wi-Fi routers with just a 30% down payment, then repay with mining rewards. 5. Digital Asset-Backed Payments Reap has issued a Solana stablecoin-backed credit card that works anywhere Visa is accepted — while Sanctum is enabling new support models for creators through liquid staking tokens.
#SOLETFsOnTheHorizon Time is money – yet $4 trillion is still trapped in pre-funded accounts just to make global payments work. In 2025, we’re still waiting days and paying 7% to move value across borders.

Messari analyst Austin Wyler recently released a detailed report covering how PayFi on Solana is fixing this. We’ve rounded up some of the highlights for you:
1. Reimagined Cross-Border Settlement
Huma Protocol’s Arf USDC pool on Solana processed $2.8 billion with zero defaults, moving $16 million into 50 rounds annually and growing 86% through 2024.
2. Reduced Costs for Merchants
Traditional card payments cost merchants over 3% and take days to settle. Over 6,000 merchants now use Solana Payments via Helio on Shopify: instant settlement, 1% fee, no refunds.
3. Privacy-Preserving Settlement for Institutions
Spherenet, a Sphere Labs permissioned SVM blockchain, offers compliant, privacy-preserving settlement for regulated financial institutions.
4. DePIN Financing
Roam launches the first DePIN hardware financing program dedicated to Solana — users can finance Wi-Fi routers with just a 30% down payment, then repay with mining rewards.
5. Digital Asset-Backed Payments
Reap has issued a Solana stablecoin-backed credit card that works anywhere Visa is accepted — while Sanctum is enabling new support models for creators through liquid staking tokens.
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#SOLETFsOnTheHorizon What is the price of 1 Solana (SOL) in Ethereum (ETH)? The price of 1 Solana (SOL) in Ethereum (ETH) is currently 0.07696 ETH.
#SOLETFsOnTheHorizon What is the price of 1 Solana (SOL) in Ethereum (ETH)?
The price of 1 Solana (SOL) in Ethereum (ETH) is currently 0.07696 ETH.
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#SOLETFsOnTheHorizon Due to the high speed of transactions: Solana is characterized by its ability to process thousands of transactions per second (TPS), which will make it much faster than its competitors. Because it has low transaction costs and the transaction fees on Solana are significantly lower compared to Bitcoin, which makes it attractive for daily use. It also has scalability: Solana relies on technologies such as Proof of History, which helps to significantly improve the network’s performance. If it continues to improve these aspects and increase its adoption in various applications, it may become a serious competitor to Bitcoin.
#SOLETFsOnTheHorizon Due to the high speed of transactions: Solana is characterized by its ability to process thousands of transactions per second (TPS), which will make it much faster than its competitors.

Because it has low transaction costs and the transaction fees on Solana are significantly lower compared to Bitcoin, which makes it attractive for daily use.

It also has scalability: Solana relies on technologies such as Proof of History, which helps to significantly improve the network’s performance.

If it continues to improve these aspects and increase its adoption in various applications, it may become a serious competitor to Bitcoin.
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#SOLETFsOnTheHorizon In recent months, Solana (SOL) has seen increasing interest from asset managers looking to launch exchange-traded funds (ETFs) based on Solana. Firms such as VanEck, 21Shares, and Bitwise have filed applications with the U.S. Securities and Exchange Commission (SEC) for approval of Solana ETFs. If approved, these funds will be listed on the Chicago Board of Trade (CBOE). Additionally, 3iQ, a leading Canadian investment management firm, announced that it has filed a prospectus with the Ontario Securities Commission to launch the first Solana exchange-traded product (ETP) in North America. These developments come at a time when Solana is experiencing significant growth in activity, with daily trading volumes on its network surpassing those of Ethereum on some occasions, driven by growing interest in meme coins built on Solana. As this momentum continues, some experts expect Solana ETFs to be approved by the end of 2025, which could attract more institutional investors to the Solana ecosystem. For more information, you can watch this video discussing the possibility of launching a Solana ETF:
#SOLETFsOnTheHorizon In recent months, Solana (SOL) has seen increasing interest from asset managers looking to launch exchange-traded funds (ETFs) based on Solana. Firms such as VanEck, 21Shares, and Bitwise have filed applications with the U.S. Securities and Exchange Commission (SEC) for approval of Solana ETFs. If approved, these funds will be listed on the Chicago Board of Trade (CBOE).

Additionally, 3iQ, a leading Canadian investment management firm, announced that it has filed a prospectus with the Ontario Securities Commission to launch the first Solana exchange-traded product (ETP) in North America.

These developments come at a time when Solana is experiencing significant growth in activity, with daily trading volumes on its network surpassing those of Ethereum on some occasions, driven by growing interest in meme coins built on Solana.

As this momentum continues, some experts expect Solana ETFs to be approved by the end of 2025, which could attract more institutional investors to the Solana ecosystem.

For more information, you can watch this video discussing the possibility of launching a Solana ETF:
See original
#SOLETFsOnTheHorizon The interest in exchange-traded funds (ETFs) related to Solana (SOL) has grown significantly in recent months. Several companies have filed applications to launch Solana-based ETFs, although they face regulatory challenges. Solana ETF Applications: VanEck and 21Shares: These firms have applied for approval of Solana ETFs with the U.S. Securities and Exchange Commission (SEC). However, the SEC has shown reluctance, arguing that Solana could be considered an unregistered security. Despite this, VanEck maintains its application, relying on the growing decentralization and maturity of the Solana network. Industry Outlook: BlackRock: Samara Cohen, CIO of ETF at BlackRock, indicated that the company has no immediate plans to launch a Solana ETF. According to Cohen, currently only Bitcoin and Ether meet their investment criteria, based on investment capacity and client demand. VanEck: Despite regulatory challenges, VanEck anticipates that a Solana ETF could be approved and available by the end of 2025, reflecting its confidence in the evolution and maturity of the Solana ecosystem. Although there are currently no Solana ETFs available in the market, the growing interest from major investment firms and the applications submitted indicate a move towards the inclusion of Solana in traditional financial products. The approval of a Solana ETF will largely depend on regulatory decisions and the ongoing evolution of the network.
#SOLETFsOnTheHorizon The interest in exchange-traded funds (ETFs) related to Solana (SOL) has grown significantly in recent months. Several companies have filed applications to launch Solana-based ETFs, although they face regulatory challenges.
Solana ETF Applications:
VanEck and 21Shares: These firms have applied for approval of Solana ETFs with the U.S. Securities and Exchange Commission (SEC). However, the SEC has shown reluctance, arguing that Solana could be considered an unregistered security. Despite this, VanEck maintains its application, relying on the growing decentralization and maturity of the Solana network.
Industry Outlook:
BlackRock: Samara Cohen, CIO of ETF at BlackRock, indicated that the company has no immediate plans to launch a Solana ETF. According to Cohen, currently only Bitcoin and Ether meet their investment criteria, based on investment capacity and client demand.
VanEck: Despite regulatory challenges, VanEck anticipates that a Solana ETF could be approved and available by the end of 2025, reflecting its confidence in the evolution and maturity of the Solana ecosystem.
Although there are currently no Solana ETFs available in the market, the growing interest from major investment firms and the applications submitted indicate a move towards the inclusion of Solana in traditional financial products. The approval of a Solana ETF will largely depend on regulatory decisions and the ongoing evolution of the network.
#SOLETFsOnTheHorizon $SOL 🚨🚨🚨🐳🐳🐳 U.S. Securities and Exchange Commission (SEC) has not yet announced a decision regarding the Solana (SOL) exchange-traded fund (ETF) applications. The initial review deadline for these applications was January 25, 2025. The SEC had the option to approve, reject, or extend the review period. Given the absence of an announcement, it is possible that the SEC has chosen to extend its review.
#SOLETFsOnTheHorizon
$SOL 🚨🚨🚨🐳🐳🐳 U.S. Securities and Exchange Commission (SEC) has not yet announced a decision regarding the Solana (SOL) exchange-traded fund (ETF) applications. The initial review deadline for these applications was January 25, 2025. The SEC had the option to approve, reject, or extend the review period. Given the absence of an announcement, it is possible that the SEC has chosen to extend its review.
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