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The first Solana staking ETF (exchange-traded fund) that will track the price of SOL and deliver staking yields to investors will begin trading on July 3, according to REX Shares. “Coming Wednesday: The First-Ever Staked Crypto ETF in the U.S.!” the firm said in a June 30 X post. SEC Has No Further Comments On REX Shares Solana Staking ETF The X post by REX Shares comes after the US Securities and Exchange Commission (SEC) informed the firm that it had “no further comments” on the Solana staking ETF filing jointly submitted by REX Shares and Osprey Funds.  The product, which is officially titled the REX-Osprey Solana and Staking ETF, would be the first US ETF to offer investors SOL exposure alongside staking rewards.  That is made possible through the ETF’s structure under the Investment Company Act of 1940 using a C-corporation format that allows staking income to flow directly to investors without triggering any regulatory red flags arou...

Virtu eyes China as the US trading giant positions itself to enter the world’s second-largest economy through market-making opportunities right now. The New York-based firm is actively exploring China’s $520 billion ETF market, which Beijing is considering opening to Western market makers for the first time, and this could be a significant game-changer for the industry. Also Read: US & China Reach Deal to Ease Export Curbs and Preserve Truce Virtu’s Expansion Into China’s ETF, Trading & Market-Making Space Source: XTB China’s ETF market represents a massive opportunity that has attracted major Western trading firms at the time of writing. Back in April, China was considering opening its ETF market to Western market makers, and this move could draw firms like Citadel Securities, Jane Street, and also Amsterdam-based Optiver. Brett Fairclough, co-president and co-chief operating officer of Virtu, was clear about the fact that “China presents a long-term...

Ripple (XRP) is currently a trending cryptocurrency token attracting incredible attention in the market. The fact that the token is a part of the rising ETF narrative is helping Ripple gain central attention and spotlight, making it the ultimate cryptocurrency token to explore at present. Here’s how high XRP may surge by May 1st, 2025, given that it continues to leverage market momentum to perform its best compared to other tokens. Also Read: Pepe Coin Price Prediction: What to Expect by May 1st, 2025 Ripple Price Analysis: What’s Next? Source: The Market Periodical Ripple (XRP) has always been part of incredible hype, scrutiny, and attention. The token has been a central part of the market and continues to forge new price pathways for other tokens to follow and seek inspiration from. Presently, XRP is sitting at $2.28, up 4% in the last 24 hours. The token is also expected to explore a bullish pathway soon, per Egrag Crypto, the expert who has predicted a double-digit price...

The world’s largest crypto index fund manager, Bitwise, has officially filed for a Spot Dogecoin (DOGE) ETF, according to a new SEC filing. Bitwise joins Rex Shares and Osprey as the latest applicant for a DOGE ETF, looking to add to its existing Bitcoin and Ethereum ETF offerings. “When the Trust creates or redeems its Shares, it will do so in blocks of 10,000 Shares (each, a “Basket”) based on the quantity of Dogecoin attributable to each Share of the Trust (net of accrued but unpaid expenses and liabilities) multiplied by the number of Shares (10,000) comprising a Basket (the “Basket Amount”),” the filing reads. JUST IN: Bitwise files for spot Dogecoin $DOGE ETF. — Watcher.Guru (@WatcherGuru) January 28, 2025 The development is currently touted as extremely bullish. Dogecoin in the form of an ETF has been requested for years due to DOGE’s incredible token popularity. If approved by the US SEC, the development can be incredibly bullish for the meme coin, helping it...

Historically, financial markets, including crypto, tend to experience increased volatility and potential rallies after elections. This is due to regulatory changes, policy shifts, and economic optimism as the market resets to current realities. ETFSwap (ETFS), with its fully decentralized ETF trading platform packed with innovative DeFi solutions, is strategically positioned for crypto investors looking to diversify their financial assets portfolios during these momentum periods of the post-election rally that brings some upheavals in the political transition and economic readjustment. Why The ETFSwap (ETFS) Bonus Round Token Offer Of $0.05769 Your Best Post-Election Rally Buy Post-election optimism usually fuels growth in the crypto market as investors capitalize on the low bonus round token offer of ETFSwap (ETFS) at $0.05769 to maximize potential gains as the project grows. The potential for increased interest in decentralized finance is high as there are possible changes i...

As ETFSwap (ETFS) gains momentum, the presale has reached its third and final stage. Early adopters have already seized the opportunity to invest in this promising token, and with limited availability left, time is running out. This could be your last chance to get in before the window closes and ETFSwap (ETFS) takes off. Why You Should Hop Into This Third Presale Stage Before It Sells Out The ETFSwap (ETFS) presale is in the headlines as it finally moves into stage 3. Investors look to buy a share of one of the secure platforms with the potential for the most returns in 2024. In its final stage, the ETFS token is priced at an affordable $0.03846 for those eager to seize what analysts call the next best crypto. This ETFSwap (ETFS) token aims to provide investors with financial gains and second-to-none utilities. In contrast to other platforms, ETFSwap (ETFS) integrates sophisticated crypto solutions, setting it apart in the quest for greater profits in 2024. The ETFSwap (ETFS)...

Real-world assets (RWA) have emerged as one of the most promising market narratives in the current cycle. Knowing this, an analyst has identified ETFSwap (ETFS) , Chainlink (LINK), and Ondo Finance (ONDO) as the three RWA projects that will dominate this coming bull run. All three coins present some potential for profits over the next several months. However, read on to discover which of these RWA projects has the potential for unprecedented levels of success. ETFSwap (ETFS) Set To Lead The Market To Massive Profits ETFSwap (ETFS) is considered the favorite by many market analysts for its massive growth potential in the coming bull run. The emerging project aims to present a decentralized platform for trading and investing in ETFs. This new ETF platform offers an alternative to traditional access via centralized platforms. At the same time, ETFSwap (ETFS) hopes to solve some of the challenges and limitations of centralized platforms. Some of these include limited market hour...

Notable stock exchange Nasdaq has announced a recent filing with the US Securities and Exchange Commission (SEC) to launch Bitcoin options. The Nasdaq Bitcoin Index Options would allow the trading of options that are connected to the price of BTC. The announcement makes Nasdaq the second stock exchange to seek such a product. In May, the New York Stock Exchange announced its plans to list a Bitcoin index option. Indeed, the move solidifies the rising prevalence of the leading cryptocurrency in finance. JUST IN: Nasdaq seeks SEC approval to start trading #Bitcoin options. — Watcher.Guru (@WatcherGuru) August 27, 2024 Also Read: Missed the Internet Boom? Don’t Miss Bitcoin’s Explosive Growth! Nasdaq Files to Launch BTC Options in Notable Move 2024 has proven to be the year of Bitcoin. The token became the first crypto-based ETF in the United States in January of this year. Since then, its prominence has only been increasing. Now, a second major stock exchange has sought to help inve...

Bitcoin and ETH spot ETF s have become lucrative tools for investors to explore. Following their launch, crypto enthusiasts are now hoping for the SEC to green-light other altcoin ETF s, given the roaring success of Bitcoin ETF s launched last month.  Altcoin ETFs May Soon Take Over The Market: Davis Per Lark Davis, a prominent podcaster in the space, the SEC may soon approve the launch of altcoin ETFs. Davis speculates that the crypto space can document the launch of XRP, Dogecoin, and Solana-backed ETFs in no time. He later shared that Ethereum’s potential surge to $4,000 by May 23rd is attributed to speculation surrounding the launch of ETH ETFs as the next big thing. Furthermore, he outlined how the launch of a potential ETH ETF could stimulate other altcoin ETFs to take over the space.  “What happens when we get an Ethereum ETF? What do you think the market’s going to pivot to almost immediately? That we’re going to get more altcoin ETFs.” Davis shared.   P...

The verdict in the SEC-Grayscale case was accompanied by a short-term price respite in the crypto market. A brief institutional accumulation spree was also registered. However, neither of the two trends could pass the test of time. The aggregate valuation of the market is down to $1 trillion yet again, with BTC trading below $26,000. Also Read: 99% Nigerians ‘Aware’ About Crypto, 90% Ready to ‘Invest’ Crypto Asset Managers Register AUM Declines Recent research by CCData revealed that Bitcoin-based investment products saw a decline of 12.8% in AUM to $21 billion. Consequentially, the market share of these products shrank to 70.5%. Even Ethereum-based products shared the same fate and registered an AUM drop of 12.2% to $6.75 billion. Grayscale’s apex GBTC trust added $1.17 billion to its AUM on Aug. 29 and 30 following the verdict announcement. This market saw an increase of 7.20%. However, on the overall front, it noted a decline. The report hi...

Cointelegraph analyst and writer Marcel Pechman explains how China’s economic weakness and Turkey’s interest rate hikes could impact the cryptocurrency market. On the latest episode of Cointelegraph’s  Macro Markets , analyst Marcel Pechman explores how Turkey’s recent interest rate increase might attract hundreds of millions of new crypto currency investors, and how China’s looming economic crisis could affect Bitcoin (BTC) and crypto globally. Turkey’s central bank has increased the interest rate by 6.5% to 15% in a dramatic attempt to fight inflation. The move comes as the local currency, the lira, dropped by 80% against the United States dollar in five years. According to Pechman, whether the U.S. dollar holds its dominant position as a global reserve currency doesn’t matter. Turkey and Argentina’s 70% inflation in 2022 are perfect examples of how decentralized cryptocurrencies might be the sole lifeguard for hundreds of millions — if not billions — of people who cannot save an...

Dutch investors now have access to a Bitcoin equities exchange-traded fund on the Euronext Amsterdam stock exchange. The Netherlands has welcomed a new equity exchange -traded (ETF) fund that will give investors exposure to a basket of Bitcoin (BTC)-related company stock s. French investment firm Melanion Capital’s Bitcoin Equities ETF began trading on the Euronext Amsterdam Stock Exchange on June 22, introducing an equities-based approach to investing in the Bitcoin ecosystem. The ETF is designed to track the Melanion Bitcoin Exposure Index, which is a custom basket of European and American stock s closely tied to BTC’s market price. The ETF is compliant to the European Commission’s Undertakings for the Collective Investment in Transferable Securities (UCITS) regulatory framework that is used for managing and trading mutual funds. UCITS funds allow investment firms to register and sell trading products across the European Union through the provision of regulatory and investor protec...

With the Hong Kong Stock Exchange being the only regulated exchange in Asia offering Bitcoin futures ETFs, some believe spot crypto ETF products will soon be allowed. Hot on the heels of its Bitcoin (BTC) futures exchange-traded fund (ETF) in Hong Kong, Samsung Asset Management has indicated it's considering the launch of a spot Bitcoin ETF on the city's exchange if policies allow for it. In an interview with Bloomberg published on Jan. 13, Hong Kong chief executive for Samsung Asset Management, Sam Park, said: “It really depends on how policy is going to be developed,” adding that the Hong Kong administrators are “clearly” interested in developing the city into a crypto hub. An ETF analyst at Bloomberg Intelligence, Rebecca Sin, noted that “Hong Kong is well positioned to become Asia’s crypto gateway,” and expects spot Bitcoin and Ether (ETH) products to be allowed there by the year's end. A spot market refers to a market where the exchange of financial instruments is set...