Crypto Market Maker GSR today published a report on Solana which predicts that a spot Solana ETF is ‘just a matter of time’.
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Legislative shift and political support could pave the way for monumental price increases and establish Solana alongside major cryptos like Bitcoin and Ethereum.
ETH only accounted for 6.54% of institutional investors’ allocations before the Spot ETH ETFs were approved. However, that figure spiked to 14.29% since the approval.
“These new ETFs are designed to address the challenge of acquiring leveraged or short exposure to ether, which can be onerous and expensive,” states ProShares CEO Michael L. Sapir.
Ripple (XRP) is one of the few crypto tokens among the top 50 coins by market cap that hasn’t recorded any year-to-date (YTD) gain.
This surge in the crypto project’s popularity underscores a shift in investor’s sentiment towards greed, indicating a heightened interest in cryptocurrencies with high-profit potential.
ETFSwap (ETFS) was among the few crypto tokens that didn’t dip following the recent marketwide downtrend, which overwhelmed almost all coins, including Bitcoin (BTC).
At the current presale Stage 1, part B, an ETFS token sells for $0.00854. When it ends and the Stage 2 presale begins, the token will sell for $0.01831, indicating a 100% value surge.
Explore the recent pullback in Bitcoin and its repercussions on the broader cryptocurrency market. Dive into the factors influencing investor sentiment, from the anticipated ‘halving bump’ to regulatory hurdles and macroeconomic indicators.
Unlike Binance which is a centralized exchange, ETFswap (ETF) is a blockchain platform that introduces the trading of exchange-traded funds (ETFs) on-chain through tokenization.