Fund provider VanEck has filed an application with the Securities and Exchange Commission (SEC) for the first spot Solana ETF in the US.
The recently approved spot Bitcoin ETFs show inflows of $759 million and a record volume of $14 billion after two weeks.
The SEC has approved all pending Bitcoin ETF applications, paving the way for exposure to an exceptionally broad investor base.
While analysts expected the approval of a spot Bitcoin ETF next week, the SEC may make an early decision.
This week marked the 7th consecutive week of positive inflows into crypto asset investment products, totalling $1.14bn.
The SEC approved the first futures-based Ether ETFs in the U.S., though the products’ trading volumes were rather low.
The SEC is not expected to block the first Ether ETF until mid-October, giving the green light to some applicants.
A summarizing review of what has been happening at the crypto markets of the past week. A weekly report in cooperation with Kaiko.
Marktrückblick
A summarizing review of what has been happening at the crypto markets of the past week. A weekly report in cooperation with Kaiko.
DeFi
Ethereum’s scalability and reduced fees have boosted Layer 2 networks but contributed to ETH’s underperformance.