Ji Thierman hR0n
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12.1 Months
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ok
⚡ It’s raining Red Pockets — 3000 on the loose!
💬 Say anything, just be fast
✅ Follow for access
🎁 Grab your mystery drop NOW
💬 Say anything, just be fast
✅ Follow for access
🎁 Grab your mystery drop NOW
8
Is anyone unable to sleep and watching the market together? Send a red envelope 🧧 to see how many people are still here
$BTC #币安8周年
$BTC #币安8周年
7000
Next stage 7000!
#马斯克计划成立美国党 $BNB
#马斯克计划成立美国党 $BNB
Win
The American people will be happy, will Musk's American Party be successfully established?
#马斯克计划成立美国党
#马斯克计划成立美国党
🫡🫡
🔥 The largest #pi $pi decoding operations expected in December 2027
Pi Network:
July 2025 => 265 million Pi
December 2027 => 432 million Pi
#chr $chr #chrusdt
#btc #eth #bnb #algo #ada #twt #doge #xrp #fil #chr #cfx #combo #lpt #protal #glmr #ens #gala #key #one #ray #pepe #icp #manta #mana #ckb #lsk #skl #sol #uni #ilv #ong #ogn #arb #om #op #ldo #ata #alt #ont #binans #dot #zil #bel
Pi Network:
July 2025 => 265 million Pi
December 2027 => 432 million Pi
#chr $chr #chrusdt
#btc #eth #bnb #algo #ada #twt #doge #xrp #fil #chr #cfx #combo #lpt #protal #glmr #ens #gala #key #one #ray #pepe #icp #manta #mana #ckb #lsk #skl #sol #uni #ilv #ong #ogn #arb #om #op #ldo #ata #alt #ont #binans #dot #zil #bel
🫡🫡
🔥 The largest #pi $pi decoding operations expected in December 2027
Pi Network:
July 2025 => 265 million Pi
December 2027 => 432 million Pi
#chr $chr #chrusdt
#btc #eth #bnb #algo #ada #twt #doge #xrp #fil #chr #cfx #combo #lpt #protal #glmr #ens #gala #key #one #ray #pepe #icp #manta #mana #ckb #lsk #skl #sol #uni #ilv #ong #ogn #arb #om #op #ldo #ata #alt #ont #binans #dot #zil #bel
Pi Network:
July 2025 => 265 million Pi
December 2027 => 432 million Pi
#chr $chr #chrusdt
#btc #eth #bnb #algo #ada #twt #doge #xrp #fil #chr #cfx #combo #lpt #protal #glmr #ens #gala #key #one #ray #pepe #icp #manta #mana #ckb #lsk #skl #sol #uni #ilv #ong #ogn #arb #om #op #ldo #ata #alt #ont #binans #dot #zil #bel
btc
The recent activity of the giant whale wallet #比特币巨鲸动向 yesterday has caused a lot of anxiety, so here's a wave of red envelopes 🧧 to calm everyone down!
$BTC
$BTC
bnb
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Like
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Kamil Shaheen
--
Another ancient giant just woke up
A dormant wallet holding 10,000 $BTC (worth over $1B) has been activated the 5th activation today
Something is cooking
BULLISH.
Claim your reward below 👇🏻
A dormant wallet holding 10,000 $BTC (worth over $1B) has been activated the 5th activation today
Something is cooking
BULLISH.
Claim your reward below 👇🏻
See original
Go for it
I lost 15,000 U today, feeling really bad. I'll give the remaining little U as red envelopes to everyone 🧧 (Grab the red envelope below ⬇️)
Everyone, give me a cheer! $BTC
Everyone, give me a cheer! $BTC
See original
Non-Farm
#非农就业数据来袭
Tonight's Non-Farm Payroll, is a big market movement coming?
J.P. Morgan warns: a 'job earthquake' may trigger a market sell-off!
💣 Simulation shows: if the non-farm data continues the weak performance of ADP — U.S. stocks may not just experience a mild correction, but a steep drop⚠️
📉 How long can the 'bad news = good news' narrative hold up?
While interest rate cut expectations may provide short-term benefits, the underlying fundamentals are continuously deteriorating:
Employment decline → Weak consumption → Corporate profit decline → Asset bubble burst💥
💡 The market is currently stuck at a sensitive tipping point:
On one side is the desire for interest rate cuts, and on the other side is the fear of a hard landing for the economy.
Tonight's data may directly rewrite the asset pricing logic from July!
📊 The NASDAQ is wavering at high levels, the S&P is struggling, gold and bitcoin are starting to stir…
Safe haven? Short selling? It's all up to tonight's hammer!
🧠 High-energy alert:
Not every round of non-farm data qualifies as a turning point,
but this time, it may truly be a watershed moment.
#非农数据 #摩根大通 #ADP
Tonight's Non-Farm Payroll, is a big market movement coming?
J.P. Morgan warns: a 'job earthquake' may trigger a market sell-off!
💣 Simulation shows: if the non-farm data continues the weak performance of ADP — U.S. stocks may not just experience a mild correction, but a steep drop⚠️
📉 How long can the 'bad news = good news' narrative hold up?
While interest rate cut expectations may provide short-term benefits, the underlying fundamentals are continuously deteriorating:
Employment decline → Weak consumption → Corporate profit decline → Asset bubble burst💥
💡 The market is currently stuck at a sensitive tipping point:
On one side is the desire for interest rate cuts, and on the other side is the fear of a hard landing for the economy.
Tonight's data may directly rewrite the asset pricing logic from July!
📊 The NASDAQ is wavering at high levels, the S&P is struggling, gold and bitcoin are starting to stir…
Safe haven? Short selling? It's all up to tonight's hammer!
🧠 High-energy alert:
Not every round of non-farm data qualifies as a turning point,
but this time, it may truly be a watershed moment.
#非农数据 #摩根大通 #ADP
alpha
alpha continues to brush, can appropriately reduce the number of accounts
If another MapleStory comes, it will be a big hit
Never let yourself leave the poker table, hold on to your chips!
#币安Alpha上新 $BNB
If another MapleStory comes, it will be a big hit
Never let yourself leave the poker table, hold on to your chips!
#币安Alpha上新 $BNB
Alpha
alpha continues to brush, can appropriately reduce the number of accounts
If another MapleStory comes, it will be a big hit
Never let yourself leave the poker table, hold on to your chips!
#币安Alpha上新 $BNB
If another MapleStory comes, it will be a big hit
Never let yourself leave the poker table, hold on to your chips!
#币安Alpha上新 $BNB
❤️ yes right ✅️ ❤️
Here’s a detailed overview of the Binance Visa Card:
---
🪙 What is it?
0-1It’s a crypto‑funde
0-1It’s a crypto‑funded Visa debit card (not credit). You load it by transferring crypto from your Spot Wallet to a Funding Wallet, and Binance converts crypto to fiat at the time of purchase .
308-0You can use it wherever Visa is accepted—both in-store and online .
---
💸 Fees & Cashback
411-0No issuance or monthly fees, but a €25 replacement fee applies if you lose your card (waived if the original is lost in shipping) .
613-0Cashback in BNB: from 0.1% up to 8%, based on your 30‑day average BNB balance—higher holdings earn higher rewards .
780-0Cashback is capped monthly (e.g., Level 7 max ≈ €100/month via Cryptonoshi) .
---
🗺️ Where is it available?
879-0As of December 20 2023, Binance shut down the Binance Card program in the EEA and no longer issues new cards there .
1075-0It's still available in non‑EEA countries, including the U.S., and select other regions .
Check if it's eligible in Pakistan—Binance’s regional offerings can vary.
---
✅ Benefits and risks
Pros:
1208-1Zero maintenance fees, rewarding cashback, and use of crypto without converting upfront .
1457-0Integrated with Google Pay/Samsung Pay for instant virtual card use .
Cons:
1565-0Limited consumer protection: since it's a debit card, chargebacks and fraud recovery can be slow and difficult .
1725-0Some users report acceptance issues at certain merchants, and mixed support experiences .
---
📝 How to get it
1. Create and verify your Binance account (KYC Level 2).
2. Go to Finance → Binance Visa Card, and order.
3. A virtual card is instantly issued, usable via Google/Samsung Pay.
4. 1859-3The physical card arrives (usually within 1–6 weeks; EEA was up to 45 days) .
5. 2203-0Activate it via Card Dashboard (submit last four digits + CVV) .
6. Top up your Funding Wallet with crypto to start spending.
---
🧭 Is it right for you?
Great for you if:
You hold enough BNB to earn meaningful cashback.
You want to spend crypto seamlessly without pre-converting to fiat.
Not ideal if:
You rely on strong fraud protection or need easy chargebacks.
The card isn’t available in your region (like much of EEA and possibly Pakistan right now).
---
✅ Next Steps
Check Binance’s regional support page to see if the card is available in Pakistan.
Review the Binance Card Terms & Fees to fully understand limits and rewards.
If eligible, apply and start with a virtual card for Google/Samsung Pay immediately—no wait.
308-0You can use it wherever Visa is accepted—both in-store and online .
---
💸 Fees & Cashback
411-0No issuance or monthly fees, but a €25 replacement fee applies if you lose your card (waived if the original is lost in shipping) .
613-0Cashback in BNB: from 0.1% up to 8%, based on your 30‑day average BNB balance—higher holdings earn higher rewards .
780-0Cashback is capped monthly (e.g., Level 7 max ≈ €100/month via Cryptonoshi) .
---
🗺️ Where is it available?
879-0As of December 20 2023, Binance shut down the Binance Card program in the EEA and no longer issues new cards there .
1075-0It's still available in non‑EEA countries, including the U.S., and select other regions .
Check if it's eligible in Pakistan—Binance’s regional offerings can vary.
---
✅ Benefits and risks
Pros:
1208-1Zero maintenance fees, rewarding cashback, and use of crypto without converting upfront .
1457-0Integrated with Google Pay/Samsung Pay for instant virtual card use .
Cons:
1565-0Limited consumer protection: since it's a debit card, chargebacks and fraud recovery can be slow and difficult .
1725-0Some users report acceptance issues at certain merchants, and mixed support experiences .
---
📝 How to get it
1. Create and verify your Binance account (KYC Level 2).
2. Go to Finance → Binance Visa Card, and order.
3. A virtual card is instantly issued, usable via Google/Samsung Pay.
4. 1859-3The physical card arrives (usually within 1–6 weeks; EEA was up to 45 days) .
5. 2203-0Activate it via Card Dashboard (submit last four digits + CVV) .
6. Top up your Funding Wallet with crypto to start spending.
---
🧭 Is it right for you?
Great for you if:
You hold enough BNB to earn meaningful cashback.
You want to spend crypto seamlessly without pre-converting to fiat.
Not ideal if:
You rely on strong fraud protection or need easy chargebacks.
The card isn’t available in your region (like much of EEA and possibly Pakistan right now).
---
✅ Next Steps
Check Binance’s regional support page to see if the card is available in Pakistan.
Review the Binance Card Terms & Fees to fully understand limits and rewards.
If eligible, apply and start with a virtual card for Google/Samsung Pay immediately—no wait.
❤️ yes right ✅️ ❤️
Here’s a detailed overview of the Binance Visa Card:
---
🪙 What is it?
0-1It’s a crypto‑funde
0-1It’s a crypto‑funded Visa debit card (not credit). You load it by transferring crypto from your Spot Wallet to a Funding Wallet, and Binance converts crypto to fiat at the time of purchase .
308-0You can use it wherever Visa is accepted—both in-store and online .
---
💸 Fees & Cashback
411-0No issuance or monthly fees, but a €25 replacement fee applies if you lose your card (waived if the original is lost in shipping) .
613-0Cashback in BNB: from 0.1% up to 8%, based on your 30‑day average BNB balance—higher holdings earn higher rewards .
780-0Cashback is capped monthly (e.g., Level 7 max ≈ €100/month via Cryptonoshi) .
---
🗺️ Where is it available?
879-0As of December 20 2023, Binance shut down the Binance Card program in the EEA and no longer issues new cards there .
1075-0It's still available in non‑EEA countries, including the U.S., and select other regions .
Check if it's eligible in Pakistan—Binance’s regional offerings can vary.
---
✅ Benefits and risks
Pros:
1208-1Zero maintenance fees, rewarding cashback, and use of crypto without converting upfront .
1457-0Integrated with Google Pay/Samsung Pay for instant virtual card use .
Cons:
1565-0Limited consumer protection: since it's a debit card, chargebacks and fraud recovery can be slow and difficult .
1725-0Some users report acceptance issues at certain merchants, and mixed support experiences .
---
📝 How to get it
1. Create and verify your Binance account (KYC Level 2).
2. Go to Finance → Binance Visa Card, and order.
3. A virtual card is instantly issued, usable via Google/Samsung Pay.
4. 1859-3The physical card arrives (usually within 1–6 weeks; EEA was up to 45 days) .
5. 2203-0Activate it via Card Dashboard (submit last four digits + CVV) .
6. Top up your Funding Wallet with crypto to start spending.
---
🧭 Is it right for you?
Great for you if:
You hold enough BNB to earn meaningful cashback.
You want to spend crypto seamlessly without pre-converting to fiat.
Not ideal if:
You rely on strong fraud protection or need easy chargebacks.
The card isn’t available in your region (like much of EEA and possibly Pakistan right now).
---
✅ Next Steps
Check Binance’s regional support page to see if the card is available in Pakistan.
Review the Binance Card Terms & Fees to fully understand limits and rewards.
If eligible, apply and start with a virtual card for Google/Samsung Pay immediately—no wait.
308-0You can use it wherever Visa is accepted—both in-store and online .
---
💸 Fees & Cashback
411-0No issuance or monthly fees, but a €25 replacement fee applies if you lose your card (waived if the original is lost in shipping) .
613-0Cashback in BNB: from 0.1% up to 8%, based on your 30‑day average BNB balance—higher holdings earn higher rewards .
780-0Cashback is capped monthly (e.g., Level 7 max ≈ €100/month via Cryptonoshi) .
---
🗺️ Where is it available?
879-0As of December 20 2023, Binance shut down the Binance Card program in the EEA and no longer issues new cards there .
1075-0It's still available in non‑EEA countries, including the U.S., and select other regions .
Check if it's eligible in Pakistan—Binance’s regional offerings can vary.
---
✅ Benefits and risks
Pros:
1208-1Zero maintenance fees, rewarding cashback, and use of crypto without converting upfront .
1457-0Integrated with Google Pay/Samsung Pay for instant virtual card use .
Cons:
1565-0Limited consumer protection: since it's a debit card, chargebacks and fraud recovery can be slow and difficult .
1725-0Some users report acceptance issues at certain merchants, and mixed support experiences .
---
📝 How to get it
1. Create and verify your Binance account (KYC Level 2).
2. Go to Finance → Binance Visa Card, and order.
3. A virtual card is instantly issued, usable via Google/Samsung Pay.
4. 1859-3The physical card arrives (usually within 1–6 weeks; EEA was up to 45 days) .
5. 2203-0Activate it via Card Dashboard (submit last four digits + CVV) .
6. Top up your Funding Wallet with crypto to start spending.
---
🧭 Is it right for you?
Great for you if:
You hold enough BNB to earn meaningful cashback.
You want to spend crypto seamlessly without pre-converting to fiat.
Not ideal if:
You rely on strong fraud protection or need easy chargebacks.
The card isn’t available in your region (like much of EEA and possibly Pakistan right now).
---
✅ Next Steps
Check Binance’s regional support page to see if the card is available in Pakistan.
Review the Binance Card Terms & Fees to fully understand limits and rewards.
If eligible, apply and start with a virtual card for Google/Samsung Pay immediately—no wait.
❤️ yes right ✅️ ❤️
Here’s a detailed overview of the Binance Visa Card:
---
🪙 What is it?
0-1It’s a crypto‑funde
0-1It’s a crypto‑funded Visa debit card (not credit). You load it by transferring crypto from your Spot Wallet to a Funding Wallet, and Binance converts crypto to fiat at the time of purchase .
308-0You can use it wherever Visa is accepted—both in-store and online .
---
💸 Fees & Cashback
411-0No issuance or monthly fees, but a €25 replacement fee applies if you lose your card (waived if the original is lost in shipping) .
613-0Cashback in BNB: from 0.1% up to 8%, based on your 30‑day average BNB balance—higher holdings earn higher rewards .
780-0Cashback is capped monthly (e.g., Level 7 max ≈ €100/month via Cryptonoshi) .
---
🗺️ Where is it available?
879-0As of December 20 2023, Binance shut down the Binance Card program in the EEA and no longer issues new cards there .
1075-0It's still available in non‑EEA countries, including the U.S., and select other regions .
Check if it's eligible in Pakistan—Binance’s regional offerings can vary.
---
✅ Benefits and risks
Pros:
1208-1Zero maintenance fees, rewarding cashback, and use of crypto without converting upfront .
1457-0Integrated with Google Pay/Samsung Pay for instant virtual card use .
Cons:
1565-0Limited consumer protection: since it's a debit card, chargebacks and fraud recovery can be slow and difficult .
1725-0Some users report acceptance issues at certain merchants, and mixed support experiences .
---
📝 How to get it
1. Create and verify your Binance account (KYC Level 2).
2. Go to Finance → Binance Visa Card, and order.
3. A virtual card is instantly issued, usable via Google/Samsung Pay.
4. 1859-3The physical card arrives (usually within 1–6 weeks; EEA was up to 45 days) .
5. 2203-0Activate it via Card Dashboard (submit last four digits + CVV) .
6. Top up your Funding Wallet with crypto to start spending.
---
🧭 Is it right for you?
Great for you if:
You hold enough BNB to earn meaningful cashback.
You want to spend crypto seamlessly without pre-converting to fiat.
Not ideal if:
You rely on strong fraud protection or need easy chargebacks.
The card isn’t available in your region (like much of EEA and possibly Pakistan right now).
---
✅ Next Steps
Check Binance’s regional support page to see if the card is available in Pakistan.
Review the Binance Card Terms & Fees to fully understand limits and rewards.
If eligible, apply and start with a virtual card for Google/Samsung Pay immediately—no wait.
308-0You can use it wherever Visa is accepted—both in-store and online .
---
💸 Fees & Cashback
411-0No issuance or monthly fees, but a €25 replacement fee applies if you lose your card (waived if the original is lost in shipping) .
613-0Cashback in BNB: from 0.1% up to 8%, based on your 30‑day average BNB balance—higher holdings earn higher rewards .
780-0Cashback is capped monthly (e.g., Level 7 max ≈ €100/month via Cryptonoshi) .
---
🗺️ Where is it available?
879-0As of December 20 2023, Binance shut down the Binance Card program in the EEA and no longer issues new cards there .
1075-0It's still available in non‑EEA countries, including the U.S., and select other regions .
Check if it's eligible in Pakistan—Binance’s regional offerings can vary.
---
✅ Benefits and risks
Pros:
1208-1Zero maintenance fees, rewarding cashback, and use of crypto without converting upfront .
1457-0Integrated with Google Pay/Samsung Pay for instant virtual card use .
Cons:
1565-0Limited consumer protection: since it's a debit card, chargebacks and fraud recovery can be slow and difficult .
1725-0Some users report acceptance issues at certain merchants, and mixed support experiences .
---
📝 How to get it
1. Create and verify your Binance account (KYC Level 2).
2. Go to Finance → Binance Visa Card, and order.
3. A virtual card is instantly issued, usable via Google/Samsung Pay.
4. 1859-3The physical card arrives (usually within 1–6 weeks; EEA was up to 45 days) .
5. 2203-0Activate it via Card Dashboard (submit last four digits + CVV) .
6. Top up your Funding Wallet with crypto to start spending.
---
🧭 Is it right for you?
Great for you if:
You hold enough BNB to earn meaningful cashback.
You want to spend crypto seamlessly without pre-converting to fiat.
Not ideal if:
You rely on strong fraud protection or need easy chargebacks.
The card isn’t available in your region (like much of EEA and possibly Pakistan right now).
---
✅ Next Steps
Check Binance’s regional support page to see if the card is available in Pakistan.
Review the Binance Card Terms & Fees to fully understand limits and rewards.
If eligible, apply and start with a virtual card for Google/Samsung Pay immediately—no wait.
Translate
SOL
REX Solana Staking ETF Shines on Debut with $33M Volume
With over $33 million in trading volumes, the REX-Osprey Solana Staking ETF debut on Wednesday was a rather successful event.On Day 1, the SSK fund also received $12 million in inflows, which is a good beginning for a staking ETF.
With assets under management (AUM) reaching $1 million, the Rex Shares Solana staking ETF (SSK) outperformed the XRP futures ETF and SOL futures ETF with a robust $33 million trading volume on the first day. According to Bloomberg ETF expert Eric Balchunas, if SSK continues to generate this kind of demand in the future, the AUM may rapidly rise tenfold. Following this news, the price of SOL reacted favorably, rising 4.3%, and the volume of CME futures reached an all-time high.
With over $33 million in trading volumes, the REX-Osprey Solana Staking ETF debut on Wednesday was a rather successful event. On Day 1, the SSK fund also received $12 million in inflows, which is a good beginning for a staking ETF.
Positive Stride Forward
Additionally, Balchunas said that while the assets under management have surpassed $1 million, he anticipates that they will exceed $10 million in the days ahead. In response to a question on the X platform, Balchunas said that, given the volume today, a few additional million dollars—possibly even $10 million—should arrive in flows tomorrow.
With over 13 issuers awaiting SECclearance, the launch of the staking ETF will open the door for the spot Solana ETF. Balchunas previously increased the approval chances for spot Solana ETFs to 95%, which was higher than the approval odds for spot XRP ETF. Crypto ETF demand has been increasing, with the most sought-after ETFs being XRP, SOL, ADA, and LTC.
After yesterday’s event, the Chicago Mercantile Exchange’s (CME) SOL futures trading volume jumped to over $1.7 million, its highest level ever. This indicates that traders have a high demand for the cryptocurrency after the debut of the staking ETF.
#solana #etf
$SOL
With assets under management (AUM) reaching $1 million, the Rex Shares Solana staking ETF (SSK) outperformed the XRP futures ETF and SOL futures ETF with a robust $33 million trading volume on the first day. According to Bloomberg ETF expert Eric Balchunas, if SSK continues to generate this kind of demand in the future, the AUM may rapidly rise tenfold. Following this news, the price of SOL reacted favorably, rising 4.3%, and the volume of CME futures reached an all-time high.
With over $33 million in trading volumes, the REX-Osprey Solana Staking ETF debut on Wednesday was a rather successful event. On Day 1, the SSK fund also received $12 million in inflows, which is a good beginning for a staking ETF.
Positive Stride Forward
Additionally, Balchunas said that while the assets under management have surpassed $1 million, he anticipates that they will exceed $10 million in the days ahead. In response to a question on the X platform, Balchunas said that, given the volume today, a few additional million dollars—possibly even $10 million—should arrive in flows tomorrow.
With over 13 issuers awaiting SECclearance, the launch of the staking ETF will open the door for the spot Solana ETF. Balchunas previously increased the approval chances for spot Solana ETFs to 95%, which was higher than the approval odds for spot XRP ETF. Crypto ETF demand has been increasing, with the most sought-after ETFs being XRP, SOL, ADA, and LTC.
After yesterday’s event, the Chicago Mercantile Exchange’s (CME) SOL futures trading volume jumped to over $1.7 million, its highest level ever. This indicates that traders have a high demand for the cryptocurrency after the debut of the staking ETF.
#solana #etf
$SOL
Translate
Sol
REX Solana Staking ETF Shines on Debut with $33M Volume
With over $33 million in trading volumes, the REX-Osprey Solana Staking ETF debut on Wednesday was a rather successful event.On Day 1, the SSK fund also received $12 million in inflows, which is a good beginning for a staking ETF.
With assets under management (AUM) reaching $1 million, the Rex Shares Solana staking ETF (SSK) outperformed the XRP futures ETF and SOL futures ETF with a robust $33 million trading volume on the first day. According to Bloomberg ETF expert Eric Balchunas, if SSK continues to generate this kind of demand in the future, the AUM may rapidly rise tenfold. Following this news, the price of SOL reacted favorably, rising 4.3%, and the volume of CME futures reached an all-time high.
With over $33 million in trading volumes, the REX-Osprey Solana Staking ETF debut on Wednesday was a rather successful event. On Day 1, the SSK fund also received $12 million in inflows, which is a good beginning for a staking ETF.
Positive Stride Forward
Additionally, Balchunas said that while the assets under management have surpassed $1 million, he anticipates that they will exceed $10 million in the days ahead. In response to a question on the X platform, Balchunas said that, given the volume today, a few additional million dollars—possibly even $10 million—should arrive in flows tomorrow.
With over 13 issuers awaiting SECclearance, the launch of the staking ETF will open the door for the spot Solana ETF. Balchunas previously increased the approval chances for spot Solana ETFs to 95%, which was higher than the approval odds for spot XRP ETF. Crypto ETF demand has been increasing, with the most sought-after ETFs being XRP, SOL, ADA, and LTC.
After yesterday’s event, the Chicago Mercantile Exchange’s (CME) SOL futures trading volume jumped to over $1.7 million, its highest level ever. This indicates that traders have a high demand for the cryptocurrency after the debut of the staking ETF.
#solana #etf
$SOL
With assets under management (AUM) reaching $1 million, the Rex Shares Solana staking ETF (SSK) outperformed the XRP futures ETF and SOL futures ETF with a robust $33 million trading volume on the first day. According to Bloomberg ETF expert Eric Balchunas, if SSK continues to generate this kind of demand in the future, the AUM may rapidly rise tenfold. Following this news, the price of SOL reacted favorably, rising 4.3%, and the volume of CME futures reached an all-time high.
With over $33 million in trading volumes, the REX-Osprey Solana Staking ETF debut on Wednesday was a rather successful event. On Day 1, the SSK fund also received $12 million in inflows, which is a good beginning for a staking ETF.
Positive Stride Forward
Additionally, Balchunas said that while the assets under management have surpassed $1 million, he anticipates that they will exceed $10 million in the days ahead. In response to a question on the X platform, Balchunas said that, given the volume today, a few additional million dollars—possibly even $10 million—should arrive in flows tomorrow.
With over 13 issuers awaiting SECclearance, the launch of the staking ETF will open the door for the spot Solana ETF. Balchunas previously increased the approval chances for spot Solana ETFs to 95%, which was higher than the approval odds for spot XRP ETF. Crypto ETF demand has been increasing, with the most sought-after ETFs being XRP, SOL, ADA, and LTC.
After yesterday’s event, the Chicago Mercantile Exchange’s (CME) SOL futures trading volume jumped to over $1.7 million, its highest level ever. This indicates that traders have a high demand for the cryptocurrency after the debut of the staking ETF.
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$SOL
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