Breaking! Major firm's new fund takes a key step, is the green light in sight?

Core event:

International major institution VanEck wants to set up a new fund specifically investing in Solana.

Significant progress: This fund's information has just appeared on a key 'review preparation platform' called DTCC.

Key point: DTCC shows that it currently cannot be traded yet and is waiting for the final nod from U.S. financial regulators.

Market in a frenzy: Analysts are bursting with confidence!

Source of confidence:

The popularity and performance of Solana itself are recognized by the market.

Traditional financial giant Chicago Mercantile Exchange previously also announced plans for Solana-related products, which is a strong signal.

Giants rushing in: Not just one is in action!

VanEck is not a lone wolf! Other well-known investment firms like CoinShares and Bitwise have also submitted similar Solana fund applications.

Big D's observation: This clearly shows that after seeing the success of Bitcoin and Ethereum funds, the giants want to quickly seize this new territory of Solana, and competition has become fierce! Some companies even want to add 'extra yield' features to their fund applications.

Current market analysis:

Real progress: This step by DTCC is not a mere formality; it is a 'process card' that must be passed before the fund can be listed, and its significance is profound! Considering the path of Bitcoin/Ethereum funds, this is definitely a strong bullish signal.

Extremely high probability: Top analysts dare to say 90%+, based on industry experience and signs of regulatory communication. The regulators have been fine-tuning details with fund companies repeatedly, and it wouldn’t be surprising if approval comes as early as next month! This level of optimism is unprecedented.

Giants rushing ahead = Barometer: The fact that so many major institutions are clustering to apply indicates they are extremely optimistic about the prospects of the Solana fund and this 'big cake'.

Be calm! Risk warning:

Not 100% in the bag yet: 90% does not equal 100%, the final decision rests with the SEC, waiting for the official approval.

Market risks: Even if the fund is approved, Solana's price and market reaction are influenced by multiple factors.

Be sure to be rational: The news is explosive, but investment decisions should be made with adequate research; don’t act impulsively! Market reactions can sometimes be more intense than the events themselves.

Don't operate blindly, pay attention to Big D, a professional team will guide you to avoid pitfalls and make profits! Make the path to asset appreciation clearer! $SOL #solana