Thursday, July 10, 2025
cryptonews100
No Result
View All Result
CryptoNews100
No Result
View All Result
Home Alt Coins Solana

Solana (SOL) Rallies 5% Amid U.S. Spot ETF Progress

cryptonews100_tggfrn by cryptonews100_tggfrn
June 11, 2025
in Solana
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
Sign up an get up to $1000 USDT!


Solana (SOL) surged 5% to $164.70 in after-hours buying and selling Tuesday following a report from Blockworks that the U.S. Securities and Alternate Fee (SEC) is accelerating efforts to approve spot Solana ETFs. The SEC has reportedly requested issuers to revise their S-1 filings throughout the subsequent week and indicated it’ll present suggestions inside 30 days of submission.

This marks a major improvement within the broader crypto ETF panorama, the place main asset managers are racing to launch spot ETFs for altcoins following the approval of Bitcoin (BTC) and Ethereum (ETH) spot ETFs in 2024. The transfer indicators rising regulatory openness to altcoin-based funding automobiles and will unlock wider institutional and retail entry to Solana.

A number of outstanding asset managers, together with Constancy, Grayscale, VanEck, and Franklin Templeton, have filed proposals with the SEC to supply Solana ETFs. Whereas CoinDesk has reached out to those companies for affirmation, no official statements have been issued on the time of publication.

SOL’s value spiked instantly after the report, persevering with a 24-hour upward development and reflecting bullish sentiment from buyers anticipating elevated adoption by means of regulated monetary merchandise. The potential approval of a spot Solana ETF could be a significant milestone, positioning SOL alongside Bitcoin and Ether within the mainstream monetary ecosystem.

With the SEC anticipated to assessment submissions over the approaching month, market contributors are intently awaiting additional updates that might affect Solana’s value trajectory and broader market sentiment. The rising curiosity in spot ETFs underscores the growing demand for simplified, regulated entry to digital property for each establishments and particular person buyers.

<Copyright ⓒ TokenPost, unauthorized copy and redistribution prohibited>



Source link

Related articles

Cryptocurrency News Live: Bitcoin, Ethereum, Solana prices today; memecoin updates

Cryptocurrency News Live: Bitcoin, Ethereum, Solana prices today; memecoin updates

July 10, 2025
Donald Trump Jr. Linked Thumzup Adds Solana, Ethereum to Crypto Strategy

Donald Trump Jr. Linked Thumzup Adds Solana, Ethereum to Crypto Strategy

July 10, 2025
Tags: ETFprogressralliesSOLSolanaSpot
Share76Tweet47
Drive and walk to earn crypto!

Related Posts

Cryptocurrency News Live: Bitcoin, Ethereum, Solana prices today; memecoin updates

Cryptocurrency News Live: Bitcoin, Ethereum, Solana prices today; memecoin updates

by cryptonews100_tggfrn
July 10, 2025
0

This is a abstract of the highest performing cryptocurrencies during the last 7 days: The cryptocurrency market has seen various...

Donald Trump Jr. Linked Thumzup Adds Solana, Ethereum to Crypto Strategy

Donald Trump Jr. Linked Thumzup Adds Solana, Ethereum to Crypto Strategy

by cryptonews100_tggfrn
July 10, 2025
0

TLDR Thumzup Media Company has authorized the acquisition of 5 new cryptocurrencies together with Ethereum and Solana. The corporate beforehand...

Solana (SOL) ETFs See $78M Inflows as Interest in Altcoin Investment Products Grows

Solana (SOL) ETFs See $78M Inflows as Interest in Altcoin Investment Products Grows

by cryptonews100_tggfrn
July 9, 2025
0

Three Solana-focused exchange-traded funds (ETFs) listed in the U.S. have quietly pulled in $78 million over the previous month, reflecting...

Solana’s SOL Token Faces Bearish Sentiment Amidst Ethereum’s Layer-2 Expansion

Solana’s SOL Token Faces Bearish Sentiment Amidst Ethereum’s Layer-2 Expansion

by cryptonews100_tggfrn
July 9, 2025
0

Solana's native token, SOL, has not reached the $180 degree since late Could, elevating doubts amongst merchants about whether or...

Trump Media Plans To Launch ‘Crypto Blue Chip ETF’ Holding Bitcoin, Ether, Solana and More

Trump Media Plans To Launch ‘Crypto Blue Chip ETF’ Holding Bitcoin, Ether, Solana and More

by cryptonews100_tggfrn
July 9, 2025
0

Key Takeaways Trump Media filed to create a crypto exchange-traded fund that would come with Solana, Cronos, and XRP, along...

Load More

Crypto Fear & Greed Index

Latest Crypto Fear & Greed Index

Recent News

Cryptocurrency News Live: Bitcoin, Ethereum, Solana prices today; memecoin updates

Cryptocurrency News Live: Bitcoin, Ethereum, Solana prices today; memecoin updates

July 10, 2025
Updates on SUI trading volume, Chainlink (LINK) price chart, BlockDAG U.S sponsorship

SUI Volume Soars, LINK Price Eyes $80, BlockDAG Nears $334M With U.S. Sponsorship Buzz

July 10, 2025
WLFI Token News: World Liberty Financial Votes on Making WLFI Token Tradable

WLFI Token News: World Liberty Financial Votes on Making WLFI Token Tradable

July 10, 2025

Categories

  • Bitcoin
  • Cardano
  • Chainlink
  • Cryptocurrency
  • Dogecoin
  • Elon Musk
  • Ethereum
  • Exchanges
  • Litecoin
  • Pokadot
  • Polygon
  • Real World Assets
  • Shiba Inu
  • Solana
  • sui
  • World Liberty Financial
  • XRP

Download the official CryptoNews100 Android App! Click the button below:

Tags

ADA (118) Bitcoin (455) BlockDAG (73) BTC (140) bullish (73) Buy (149) Cardano (193) ChainLink (145) coin (70) crypto (535) Cryptocurrency (180) Detail (98) DOGE (100) Dogecoin (177) ETF (120) ETH (125) Ethereum (261) flash (98) Inu (136) key (73) launches (79) Link (71) market (142) million (72) News (275) Polkadot (94) POLYGON (96) prediction (85) Presale (69) price (393) rally (84) RWA (92) SEC (68) SHIB (82) Shiba (144) SOL (92) Solana (246) Sui (151) Surge (75) token (78) top (132) trading (71) TradingView (78) Trump (116) XRP (330)

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Alt Coins
    • Cardano
    • Dogecoin
    • Litecoin
    • Pokadot
    • Polygon
    • Shiba Inu
    • Solana
    • XRP
  • Crypto Related DEALS

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.