Solana ETFs and Huge SOL Gains a Real Possibility Under Trump, Major Crypto Trader Says
Donald Trump has recently taken a pro-crypto stance. (Danny Nelson/CoinDesk)
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Donald Trump has recently taken a pro-crypto stance. (Danny Nelson/CoinDesk)
Thursday marked the fifth straight day of net outflows for the U.S.-listed ETFs in their worst performance since mid April.
The excitement surrounding the impending debut of spot ether ETFs in the U.S. has investors anticipating higher ether price swings relative to bitcoin.
U.S. Securities and Exchange Commission Chair Gary Gensler said that the final approvals for exchange-traded funds (ETFs) trading Ethereum’s ether {{ETH}} should be finished this summer, he told senators in a budget hearing on Thursday.
Grayscale’s GBTC saw $40 million in outflows, the most among its counterparts, while Bitwise’s BITB led inflows at $7.6 million.
The long-short ratio is starting to tilt in favor of bulls since Wednesday, data indicates, as some traders expect bitcoin to set fresh all-time highs in the coming weeks.
It’s only a matter of time, the CEO of Ripple said on stage at Consensus 2024 in Austin.
A ‘Seed Capital Investor’ has purchased 400,000 shares of the proposed filing, BlackRock revealed in its document.
Volatility Shares’ 2x Ether Strategy ETF (ETHU) will become the first leveraged crypto ETF available in the United States after the U.S. Securities and Exchange Commission (SEC) let it go effective, the company posted on their website, adding that trading will begin on June 4.
The decentralized finance (DeFi) sector will experience an ecosystem boost after a spot ether {{ETH}} exchange-traded fund (ETF) was approved in the U.S. on Thursday, according to Mike Silagadze, CEO of ETH restaking protocol Ether.fi.