News with the tag "Crypto ETF"

The first US Solana staking ETF has wrapped up its opening session with significant momentum. The new fund attracted $12 million in inflows and closed the day with $33 million in trading volume, according to Bloomberg ETF analyst Eric Balchunas. SSK Outperforms Solana, XRP Futures Volume Trading und...

The US SEC is moving to streamline how token-based exchange-traded products are brought to market, offering clearer guidance for issuers navigating a space long marked by regulatory ambiguity. In a notice published on July 1, the SEC’s Division of Corporation Finance outlined what crypto ETF issuers...

The U.S. Securities and Exchange Commission (SEC) is expected to rule on the Grayscale Digital Large Cap Fund (GDLC) this week, and an expert thinks a green light is almost guaranteed. Nate Geraci, president of the ETF Store, predicted a “high likelihood” of approval, with such a decision potentiall...

Bloomberg ETF experts James Seyffart and Eric Balchunas have said there is a 95% probability that the U.S. Securities and Exchange Commission (SEC) will approve spot ETFs for XRP, Litecoin (LTC), and Solana (SOL) this year. The financial watchdog is expected to decide on the three proposals in Octob...

The REX-Osprey Solana Staking ETF will be launched on July 2 under the ticker SSK as the first US ETF allowing investors to earn rewards by staking Solana tokens to validate blockchain transactions. The new yield-chasing crypto fund tracking Solana has been cleared for debut, according to Bloomberg,...