SOL, XRP Could Be Possible Candidates for ETFs, Standard Chartered Says
Standard Chartered believes Solana {{SOL}} or Ripple’s XRP could be the next contenders, but not until 2025.
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Standard Chartered believes Solana {{SOL}} or Ripple’s XRP could be the next contenders, but not until 2025.
This article aims to provide financial advisors with a detailed comparison of these investment vehicles, addressing key aspects such as management, custody, trading, and tax implications to inform both advisors and their clients better.
The sell-off was broad-based, with DOGE, SHIB, AVAX, LINK diving more than 4% in less than an hour.
Among ETFs, Grayscale’s GBTC remains the biggest holder of bitcoin with over $20 billion worth of the asset, followed closely by BlackRock’s IBIT at $19.6 billion.
Holders cumulatively bought over 100,000 ETH in spot markets on Tuesday, the highest daily level since September 2023.
Bitcoin spot ETFs in the U.S. have seen net inflows of over $1.4 billion in the past week after a timid first half of the month.
Some traders expect ether prices to reach as high as $4,000 in the coming days, with odds of an ether ETF approval raised to 75%.
Michael Saylor, founder of MicroStrategy (NASDAQ: MSTR) and a prominent Bitcoin (BTC) advocate, recently stated that the Securities and Exchange … Continue reading
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This year marked a significant shift in the investment landscape, as the Securities and Exchange Commission (SEC) approved nine spot … Continue reading
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Fidelity’s FBTC, not GBTC, led outflows on Wednesday in what may be an alarming development for the bulls.