🤵🏻♂️Eric Balchunas shared on social media X a circular from the Toronto-Dominion Bank stating that the Ontario Securities Commission (OSC) has approved the launch of several funds based on Solana. This concerns products from companies such as Purpose, Evolve, CI, and 3iQ. It is emphasized that the funds will invest directly in cryptocurrency, rather than in its derivative products. In addition, the regulator has approved staking within the Solana-ETF structure.
👨🏻💻Analysts on social media have drawn parallels between the recent decline and the historical crash known as 'Black Monday' in 1987, when major stock indices around the world plummeted sharply, and the Dow Jones index in the U.S. fell by 22.6%.
🐻'Bearish sentiment is at an all-time high,' noted an analyst from The Kobeissi Letter. The AAII Sentiment Survey recorded a record 61.9% bearish forecasts, which is twice the average figure.