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solana etfs face hurdles as sec approval deadline approaches

The SEC's deadline for approving four Solana ETFs is approaching, with experts predicting delays until the next deadline on March 11. Analysts believe that the lack of a regulated US futures market for Solana, unlike Bitcoin and Ethereum, will hinder approval, although expectations for a more favorable regulatory environment may arise under new leadership. In the meantime, Bitcoin has risen 1.7% to $93,514, while Ethereum has dipped 0.2% to $3,244.
DL News
VanEck Vietnam ETF Canary USD Bitwise Bitcoin ETF Gary Gensler Eric Balchunas James Seyffart Edouard Hindi Paul Atkins Tim Craig Katalin Tischhauser Show more
Finance & Economy, Market Report
14:41 10.01.2025

XRP ETF approval expected soon following Bitcoin and Ethereum success

Ripple President Monica Long has indicated that an XRP spot exchange-traded fund (ETF) is likely to be approved "very soon," following the recent approvals of Bitcoin and Ethereum ETFs. She believes this development will broaden XRP's investor base and is attributed to favorable shifts in the regulatory landscape. Long also highlighted Ripple's growth in payment solutions and the increasing importance of stablecoins in the crypto ecosystem.
Yahoo Finance
Canary USD USA Monica Long
Finance & Economy, News Article
00:50 10.01.2025
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