🚀💥 SOLs ETF on the Horizon?⌚💸☢️
📊 SEC Review: The US Securities and Exchange Commission (SEC) is reviewing proposals for a Solanas ETF, with VanEck, 21Shares, and Canary Capital submitting applications 🤝.
🚫 Potential Approval: With the SEC engaging with issuers, there's a possibility of approval in 2025 📆.
🚀 Solanas Surge: SOLs price has rallied over 7% following the news, with a potential 70% rally to $459 if it breaks above the all-time high resistance of $259.9 📈.
📝 Grayscale's Proposal: Today marks the deadline for the SEC to respond to Grayscale's proposal to convert its Solanas Trust into a spot Sols ETF 📝.
🤝 Trumps Impact: The recent US presidential election has sparked hopes of pro-crypto policies, potentially paving the way for a Solanas ETF approval 🚀.
The Consumer Confidence Index (CCI) is a crucial indicator of consumer confidence in the economy.
Currently, the index is showing mixed signals globally.
