The filing, dated November 20, 2024, marks a significant step in the firm's efforts to track the price movements of Solana, the world’s fourth-largest cryptocurrency.
Despite the market-wide rally, ether has underperformed, facing challenges in positioning itself between Bitcoin and Solana, analysts said.
Asset manager Bitwise Invest is the latest to submit its documents for filing spot Solana ETF. With this filing, Bitwise is now in a race with other market players like VanEck and Canary Capital to bring the SOL ETFs to the market. The filing comes a
BONK, the Solana-based meme coin, has been making headlines with its extraordinary performance since listing on the largest South Korean cryptocurrency platform, Upbit. Related Reading: Poland Could Lead With Bitcoin Reserve, Presidential Hopeful Say
Bitwise would be competing with fellow asset managers VanEck and Canary Capital for an SEC-approved spot Solana ETF.
The post Bitwise Enters Spot Solana ETF Race with SEC Filing, What’s Next? appeared first on Coinpedia Fintech News Bitwise, a prominent asset manager, has reportedly filed for a Solana ETF Trust in Delaware, according to multiple social media posts.
On Wednesday afternoon, Bitwise Investment, a prominent asset manager and exchange-traded fund (ETF) issuer, submitted an S-1 form application for a spot Solana ETF to the US Securities and Exchange Commission (SEC) in the state of Delaware. This mov
Solana memecoin incubator Pump Fun is achieving unprecedented levels of user adoption, solidifying its position as the breakout star of the 2024 crypto market cycle. With more than $27.7 million in monthly fees for November, Pump.Fun is on track to b
BONK has now become the largest Solana memecoin by market capitalization.
Ethereum surges 16.7% to $3,073, eyeing $4K by 2025, as rivals Solana and Rexas Finance challenge its market dominance. #partnercontent
Solana (SOL) price has surged by 42% since November, showcasing strong bullish momentum amid a recovering cryptocurrency market. The prominent Layer 1 blockchain is gaining investor confidence by breaking multiple resistance levels. This rally aligns
Glassnode noted that much of the increased activity appeared to be driven by bots, raising questions about the authenticity of Solana’s growth. Solana’s price remains strong, holding around $240, with traders predicting further gains. The Solana on-c
Investors shift focus from XRP and Solana to XYZVerse—the sports-driven memecoin aiming for explosive growth and community impact. #partnercontent
Solana eyes $500 amid ETF optimism, while new projects like Crypto All-Stars gain traction in the bull market. #partnercontent
The Solana (SOL) ecosystem’s low transaction fees have placed an altcoin project at the center of memecoin hype. The platform Pump.fun, based on Solana, allows users to create memecoins with just one click. Continue Reading:Kid Brother Achieves $53,7
Sky, a decentralized finance (DeFi) lending and borrowing protocol formerly known as Maker, has officially launched its USDS stablecoin on the Solana blockchain. The implementation of USDS on Solana is made possible through Wormhole’s Native Token Tr
Bonk, Solana's breakout meme coin, hits an all-time high of $0.000057, reclaiming its top spot after months of fierce competition.
Solana-based meme coin BONK has been on a mega rally over the past week gaining another 12% today soon after listing on Korean crypto exchange Upbit. As a result, BONK price has shot up more than 12%, with its market cap shooting past $4.2 billion. A
Sky is offering $500,000 in USDS rewards for early adopters and stablecoin liquidity providers.
Solana nears its $260 ATH, but the spotlight shifts to DTX Exchange, a hybrid Layer-1 platform reshaping crypto trading. #partnercontent