Day Summary: 21Shares Introduces Solana ETF; Wall Street Falls; BTC ETF with Moderate Inflows

robot
Abstract generation in progress

Summary

Financial news of the day includes the filing of an S1 form by an investment firm for a Solana-based ETF, confirming the forecast of similar filings. Legal experts doubt that Sol ETFs will pass the SEC test due to the lack of a regulated futures market. Meanwhile, plans to add futures related to popular altcoins on its derivatives exchange.

Reflections

  • 💼 Investment firm 21 Shares filed an S1 form for an ETF based on Solana.
  • 💡 The forecast for similar presentations of Sol ETFs was confirmed by Banek.
  • 🤔 Legal experts express doubts about whether Sol ETFs will pass the SEC test.
  • ⚖️ The lack of a regulated futures market could pose challenges for the approval of Sol ETFs.
  • 🚀 plans to add futures related to popular altcoins on their derivatives exchange.
SOL-4.48%
BTC-1.86%
POR-1.35%
UNA-4.13%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)