Solana invades Wall Street: The first storage ETF launches strongly and records $33 million on its first day. #Write2Earn #TrumpVsMusk $SOL $ETH Solana has officially entered traditional financial markets in the United States, with the launch of the first exchange-traded fund (ETF) that combines direct exposure to the price of the currency and staking rewards, in a move that represents a significant shift in digital investment tools.
The new fund, named REX-Osprey Solana + Staking ETF and trading under the symbol SSK, began its activity on the Cboe Exchange on July 2, 2025. According to Bloomberg's ETF analyst, Eric Balchunas, the fund ended its first trading day with a remarkable trading volume of $33 million, along with incoming cash flows of $12 million.
The fund is distinguished as the first of its kind in the U.S. market that offers returns from on-chain staking to retail investors, as profits are distributed in cash monthly, enhancing its appeal to those seeking passive income from cryptocurrencies.
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Is it real or media hype? Of course, it is real. Here’s the correct way in detail. 1. Create a Binance account (if you don’t have one already) Sign up and complete the identity verification process (KYC) on Binance.com. 2. Access Binance Square Go to the Binance app or website → Click on 'More' → Find Binance Square (Community Content section).
Urgent rise in digital Bitcoin coins drives crypto stocks to strong gains.
The price of Bitcoin has risen at the end of the US session, with Bitcoin currently trading at $109,363.2, up +3.4% in the last 24 hours. The market capitalization is now $2.17 trillion according to Investing data, and Bitcoin remains the most dominant with a market share of 64.8%, followed by Ethereum with a market share of 8.9%. It is noteworthy that based on today's closing price, Bitcoin has increased by +1.29% in the last seven days, and the most popular altcoin, Ethereum, has also risen by +6.35% in the last seven days.
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Ethereum Under the Microscope: $250 Million Heading to Exchanges and Warnings of an Imminent Collapse
Indicators are increasing for a potential price correction wave for Ethereum, following massive flows towards exchanges and a notable decline in derivatives market support, raising concerns about selling pressure that could threaten the recent gains of the currency. According to an analysis published on July 1 on the CryptoQuant platform by analyst Amr Taha, nearly 100,000 Ethereum coins, valued at over $250 million, were deposited into the Binance exchange in two large batches. Such deposits are usually a signal of a potential increase in supply, which could lead to selling pressure if investors' appetite to buy decreases.
Bitcoin price today: the fall widens and Bitcoin is at 106 as trade and tax doubts persist. #StrategyBTCPurchase Bitcoin slightly decreased on Wednesday, continuing its performance confined within a limited range as uncertainty surrounding U.S. trade deals and the impact of a comprehensive tax bill continued to pressure risk appetite.
The world's largest cryptocurrency remained completely confined within a trading range between $103,000 and $108,000, which has been observed for most of June, with Strategy, formerly known as Microstrategy (NASDAQ:MSTR), making recent purchases that did not significantly stimulate prices.
Bitcoin fell by 0.6% to $106,321.4 by 09:14 AM Saudi time. While the currency is still achieving gains of 3.5% since the beginning of June, it is struggling to break out of the recent trading range.
Dogecoin (Dogecoin-DOGE) Price Forecast: The Biggest Price Movement of the Coin in 2025
Investors are quietly buying Dogecoin (Dogecoin), which may mark the beginning of a new accumulation phase that could drive the price to high levels by the end of summer. According to a recent post on platform X by analyst Crypto Man MAB, a clear double bottom pattern is forming on the weekly price chart of Dogecoin (Dogecoin), a pattern that often paves the way for strong reversals in direction, which could be a precursor to a significant price breakout.