21Shares files application for spot Solana ETF
The proposed fund would be called the 21Shares Core Solana ETF and would not participate in staking SOL. Go to Source
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The proposed fund would be called the 21Shares Core Solana ETF and would not participate in staking SOL. Go to Source
U.S. spot bitcoin exchange-traded funds (ETFs) marked their 19th straight day of inflows on Friday, gathering $130.99 million. Blackrock’s IBIT was once again at the forefront, with net inflows amounting to $168 million. Consistent Inflows for U.S. Spot Bitcoin ETFs The inflow trend for U.S. spot bitcoin ETFs continued, adding another day of positive movement. … Read more
Cathie Wood’s Ark Investment Management has withdrawn from the race to launch a spot ether exchange-traded fund (ETF), as its name was removed from the application filed with 21shares. The ETF, now renamed 21shares Core Ethereum ETF, reflects Ark’s decision not to pursue the ether ETF at this time. Despite this, Ark remains committed to … Read more
This decision does not affect the ongoing collaboration between 21Shares and ARK Invest on other projects like the ARK 21Shares Bitcoin ETF launched in January. Go to Source
Ark Invest and 21shares have revised their proposal for a spot ethereum exchange-traded fund (ETF), removing previously included options for staking. This change marks a significant pivot from their earlier filings, which had contemplated engaging trusted staking providers to manage part of the trust’s assets. Ark Invest and 21shares Modify Ethereum ETF Proposal, Omit Staking … Read more
Bloomberg ETF analyst Erich Balchunas suggests the update may be a response to potential SEC feedback despite no official comments. Go to Source
ARK Invest and 21Shares amended spot Bitcoin ETF filing seemingly addresses earlier concerns highlighted by the SEC, which is a good sign of progress, according to Bloomberg’s ETF analysts. Go to Source
Bloomberg ETF analyst James Seyffart expects more spot Ethereum ETFs to be filed in the coming days. Go to Source
The co-filing comes just a week after reports emerged that the SEC is likely to greenlight Ethereum ETF applications. Go to Source
The surveillance-sharing agreements are a measure recommended by the SEC in March, which says they can prevent fraud and protect investors. Go to Source Powered by WPeMatico