Recent filings for a Solana-based exchange-traded fund (ETF) indicate potential progress in ongoing regulatory discussions with the U.S. Securities and Exchange Commission (SEC). This development underscores Solana’s increasing prominence within the cryptocurrency sector and its potential for wider institutional adoption.… Read More »Solana ETF Filings Signal Regulatory Progress Amid SEC Discussions
Fidelity has submitted an S-1 registration statement to the U.S. Securities and Exchange Commission for a spot Solana exchange-traded fund (ETF). A distinctive feature of the proposed ETF is its inclusion of a staking mechanism. This would allow investors to… Read More »Fidelity Files for Solana Spot ETF with Integrated Staking Feature
Asset management giant Fidelity has submitted an S-1 application to regulators for the Fidelity Solana Fund. The filing, identified under Filer 548 and assigned the CIK number 0002063380, signifies Fidelity’s intent to launch a new exchange-traded fund (ETF) centered on… Read More »Fidelity Files S-1 Application for Solana ETF
Asset management giants Invesco and Galaxy Digital have formally filed for a Solana exchange-traded fund (ETF), aiming to provide investors with regulated exposure to the SOL token. The proposed ‘Invesco Galaxy Solana ETF’ was registered as a domestic statutory trust… Read More »Invesco and Galaxy Digital File for Solana ETF Seeking Regulated Investor Exposure
Anthony Pompliano is spearheading a $750 million Bitcoin acquisition effort through ProCapBTC, which plans to merge with special purpose acquisition company Columbus Circle Capital 1. The merger strategy aims to raise capital and secure public market access for the substantial… Read More »Anthony Pompliano Leads $750M Bitcoin Acquisition Initiative via SPAC Merger
Sharplink Gaming’s stock plummeted 73% in after-hours trading following an SEC filing registering 58.7 million common shares for potential resale, sparking fears of an imminent sell-off. Company executives swiftly clarified that the filing represented a routine administrative procedure rather than… Read More »Sharplink Gaming’s $1 Billion Ethereum Treasury Strategy May Reverse Stock Plunge
Nasdaq has formally submitted a 19b-4 rule change proposal to the U.S. Securities and Exchange Commission (SEC) for a spot SUI exchange-traded fund (ETF) issued by 21Shares. This filing initiates a regulatory review process that could provide traditional investors with… Read More »Nasdaq Files for 21Shares Spot SUI ETF, Signaling Institutional Interest in Sui Blockchain
GameStop has announced plans to raise up to $1.75 billion through an offering of convertible senior notes. This significant capital raise follows the company’s recent strategic move into cryptocurrency, specifically its purchase of 4,710 Bitcoin valued at approximately $512 million.… Read More »GameStop Seeks $1.75 Billion via Convertible Notes, Bolstering Bitcoin Treasury Strategy
Invesco, overseeing $1.8 trillion in assets, has appointed blockchain expert Kathleen Wrynn as Global Head of Digital Assets. She will lead the firm’s $1.6 billion cryptocurrency ETF portfolio and advance tokenization initiatives amid increasing institutional adoption of blockchain technology. Wrynn… Read More »Invesco Appoints Kathleen Wrynn as Global Head of Digital Assets to Lead Crypto Expansion
Bank of America is reportedly developing its own stablecoin, marking a significant entry by a major traditional financial institution into the digital currency space. This initiative reflects growing institutional interest in blockchain technology and aims to harness benefits such as… Read More »Bank of America Developing Proprietary Stablecoin in Major Banking Sector Move
Circle, the issuer of the USD Coin (USDC) stablecoin, has successfully launched its initial public offering (IPO), raising $1.1 billion. The company now trades on the public market under the ticker symbol ‘CRCL’. The IPO attracted significant interest from heavyweight… Read More »Circle Launches $1.1 Billion IPO, Marking Milestone for Stablecoin Sector
Solana (SOL) experienced a significant price surge, climbing 9% from $147 to $164.70. This upward movement was accompanied by a notable increase in trading volume. The price jump followed closely on the heels of exchange-traded fund (ETF) filings for Solana… Read More »Solana Surges 9% on Major Asset Manager ETF Filings, Signaling Institutional Interest
MicroStrategy Executive Chairman Michael Saylor has reiterated his highly bullish outlook for Bitcoin, projecting the cryptocurrency could surge to $1 million per coin. In an interview with Bloomberg, Saylor described the current market environment as a ‘digital gold rush’ and… Read More »Michael Saylor Predicts Bitcoin Could Hit $1 Million Amid ‘Digital Gold Rush’
Investment firm Bernstein has forecasted that Bitcoin could surge to $200,000 by 2025, driven by accelerating institutional adoption, ongoing blockchain innovation, and supportive macroeconomic factors. Bernstein, which manages approximately $800 billion in assets, cites growing institutional confidence in Bitcoin’s role… Read More »Bernstein Predicts Bitcoin Could Reach $200,000 by 2025 on Institutional Adoption Wave
Nasdaq has submitted a filing to the U.S. Securities and Exchange Commission (SEC) seeking approval to list the 21Shares SUI Exchange-Traded Fund (ETF). This proposed spot ETF would be directly backed by the SUI token, offering traditional investors a regulated… Read More »Nasdaq Files for 21Shares SUI ETF With SEC, Signaling Institutional Altcoin Demand
Société Générale-Forge has introduced USD CoinVertible (USDCV), a new US dollar-pegged stablecoin operating on both the Ethereum and Solana blockchains. The stablecoin is backed by reserve assets safeguarded by BNY Mellon and designed to facilitate 24/7 fiat-to-stablecoin conversions. USDCV aims… Read More »Société Générale-Forge Launches USD CoinVertible Stablecoin on Ethereum and Solana