News
13 Aug 2025, 20:00
From PEPE’s $5.5M Whale Moves to BNB’s $1,700 Ambition, Cold Wallet’s 50x ROI & Rewards Model Stand Out in 2025!
The competition to see which crypto could surge first in 2025 is intensifying. Pepe Coin is gaining attention as whale activity spikes and millions of dollars in tokens move off exchanges, signaling growing long-term confidence from holders. Binance Coin is also in focus, with its future forecast pointing toward a potential climb to $1,700. Its established ecosystem and strong technical setup make it a contender for significant gains in the coming months. However, Cold Wallet ($CWT) is introducing a different kind of opportunity. With a presale aiming for a 50x return and a model that rewards users while eliminating heavy fees, it could reshape how people experience crypto. Whale Moves Fuel Optimism in Pepe Coin’s Next Rally Pepe Coin is catching attention after on-chain data revealed $5.5 million worth of PEPE moving off centralized exchanges. Large withdrawals of this kind are often viewed as bullish, suggesting holders are securing their tokens for the long term rather than seeking quick trades. Currently, PEPE is trading in a narrow range, and analysts believe a 20% rally could follow if resistance levels are broken. While its volatility makes sharp breakouts possible, it also carries the risk of swift pullbacks. Still, recent whale accumulation hints at growing confidence in the meme coin’s near-term trajectory. Binance Coin Charts Path Toward $1,700 Binance Coin has delivered an impressive run in 2025, climbing to four times its previous lows. Technical analysts are now watching the $1,700 mark as the next significant milestone, which would add another strong leg to its ongoing bull phase. BNB’s momentum is backed by Binance’s global ecosystem, offering benefits from fee discounts to staking and launchpad participation. Its price action has often aligned with Bitcoin’s rallies, amplifying gains during bullish periods. However, even in the most favorable forecasts, its potential returns remain modest compared to the projected 50x upside touted by Cold Wallet’s presale model. Cold Wallet Turns Crypto’s Biggest Problem Into Its Biggest Opportunity Truthfully, crypto was supposed to be about freedom, control, and ownership. Instead, it has turned into a system where every action costs money. Gas fees, swap fees, and on-and-off-ramp charges add up quickly. The more you use your assets, the more they eat away at your balance. That constant drain is one of the biggest barriers stopping everyday users from fully embracing blockchain. No one is excited to introduce friends to crypto if their first transaction comes with a $30 gas fee. No one wants to make daily swaps if they are losing value with every click. People are not staying away from crypto because they cannot understand it; they are staying away because it feels expensive and punishing to use. Cold Wallet is tearing down that wall. This platform flips the model entirely. Instead of being charged for participation, users earn rewards for engaging. Every gas payment, swap, or on-chain or off-chain movement comes with cashback in $CWT tokens. It is not only about saving money, but it is about creating a system where activity directly benefits the user. Now in Stage 17 of its presale at $0.00998, Cold Wallet has raised $5.91 million and sold 707 million tokens. With a launch price set at $0.3517, it offers a 50x ROI potential. Backed by strong tokenomics and plans for Layer 2 or custom scaling to enable zero-gas rewards and instant transactions, Cold Wallet makes crypto practical, rewarding, and fair again. Closing Remarks Pepe Coin’s rally outlook is supported by strong short-term momentum, with sizeable exchange outflows suggesting growing holder confidence. Binance Coin’s forecast brings a more stable profile, yet still carries the potential for major gains if it can push toward the $1,700 level. Both have clear catalysts that could drive solid performances. However, Cold Wallet’s 50x ROI target, combined with its cashback rewards system and balanced tokenomics, gives it an edge that is hard to overlook. By removing the fee barrier that discourages so many users, it delivers both real-world utility and exceptional growth potential, making it a standout choice for 2025. Explore Cold Wallet Now: Presale: https://purchase.coldwallet.com/ Website: https://coldwallet.com/ X: https://x.com/coldwalletapp Telegram: https://t.me/ColdWalletAppOfficial The post From PEPE’s $5.5M Whale Moves to BNB’s $1,700 Ambition, Cold Wallet’s 50x ROI & Rewards Model Stand Out in 2025! appeared first on TheCoinrise.com .
13 Aug 2025, 20:00
SOL Surges on Tokenization Boom and ETF Countdown: Could This Be the Start of a Mega Rally?
Solana (SOL) has exploded 12% in the past 24 hours, briefly touching the $200 mark, as a wave of institutional adoption and tokenization milestones supercharge its rally. Related Reading: Two Forces Can Launch Bitcoin To $1 Million, Says Mike Novogratz At the forefront is DeFi Development Corp (DDC), whose aggressive treasury strategy now holds over 1.3 million SOL worth nearly $250 million, earning $63,000 daily in staking rewards. The company’s 10% Annualized Organic Yield (AOY) and validator operations underscore Solana’s staking advantage over non-yielding assets like Bitcoin. In August alone, DDC added 4,500 SOL to its reserves, fueled in part by a $122.5 million convertible debt raise managed by Cantor Fitzgerald. CEO Joseph Onorati noted a 47% rise in the company’s SOL Per Share metric since June, highlighting strong operational growth. Adding to bullish sentiment, CMB International, one of Asia’s largest asset managers, announced the tokenization of its Hong Kong–Singapore Mutual Recognition Fund on Solana via DigiFT and OnChain. Solana ETF Approval Countdown Adds Regulatory Tailwind A major catalyst on the horizon is the potential approval of Solana ETFs within the next two months. Nate Geraci, President of NovaDius Wealth Management, told CNBC that the SEC is considering over 75 crypto ETF applications, with a streamlined approval framework in place for assets like Solana, XRP, and Cardano. Crypto ETFs have already attracted $26 billion in inflows this year, signaling deep investor confidence. If approved, a Solana ETF could open the floodgates for traditional finance capital, potentially accelerating the rally toward—and beyond—$250 Technical Outlook: $250 SOL Target in Play From a technical perspective, SOL has broken above key resistance levels at $185, $190, and $195, with the next critical hurdles at $202–$205. A sustained close above $205 could trigger a short-term surge to $220, while breaking $222 could pave the way toward $244–$250. SOL's price records an uptick on the daily chart. Source: SOLUSD on Tradingview The MACD remains in bullish territory, the RSI is trending upward without being overbought, and the Chaikin Money Flow has flipped positive, indicating strong buying pressure. Support remains at $194 and $186, with a break below $175 invalidating the current bullish setup. Related Reading: How Western Union’s Acquisition Of Intermex Is A Win For Ripple And XRP With institutional inflows, real-world asset tokenization, and a looming ETF decision, Solana appears poised for what could be the early stages of a mega rally. Cover image from ChatGPT, SOLUSD chart from Tradingview
13 Aug 2025, 20:00
Solana Price Forecast: SOL $200 Target in Sight, But Mutuum Finance’s (MUTM) Bullish Move Could Be More Rewarding
Mutuum Finance (MUTM) is quickly emerging as one of the most talked-about names in the DeFi market, with its latest bullish momentum sparking interest among both retail traders and institutional investors. While the broader market watches Solana (SOL) inch closer to the $200 mark, analysts are increasingly shifting their attention to Mutuum Finance. At $0.035, the new DeFi token has picked interest in presale. Existing holders are setting themselves for a minimum of a 300% rally. Mutuum Finance has reached more than $14.3 million raised in funds and more than 15150 investors. This shift in focus suggests that, despite SOL’s impressive trajectory, Mutuum Finance’s strategic developments could deliver more compelling upside potential in the coming months. Solana Price Outlook: $200 Within Reach on Building Momentum Solana (SOL), now trading around $183.25, appears poised for further upside as bullish sentiment grows. Technical analysis indicates that holding support above the $160–$162 zone alongside positive shifts in indicators like RSI and MACD could set the stage for a move toward the $190–$200 range in the coming weeks. Should SOL convincingly break through the $200 mark, further gains toward $210–$220 are possible, reflecting growing investor confidence in this high-performance smart contract platform. As its price trajectory unfolds, Solana remains a key benchmark amid the rise of innovative DeFi platforms like Mutuum Finance (MUTM). Mutuum Finance Presale Phase 6 Mutuum Finance has initiated presale round 6 at $0.035. The next phase will see a 14.29% price rise to $0.04. Presale has drawn over 15150 investors and raised over $14.3 million already. Dual-Lending: Future-Proof DeFi Mutuum Finance pursues a twin-model approach towards achieving maximum flexibility and effectiveness using Peer-to-Contract and Peer-to-Peer lending models. Peer-to-Contract uses self-executing smart contracts, which carry out the lending independently without any human intervention at all. They have been programmed to operate at variable speeds within the market with an unknown interest rate based on the then-prevalent demand and supply of an in-real-time interest. Peer-to-Peer model eliminates middlemen and allows lenders to communicate directly with borrowers. Mutuum Finance Increases Stability Mutuum Finance (MUTM) is going to release a USD-pegged stablecoin on the Ethereum network. It will be robust and secure product to end risk and uncertainty associated with algorithmic stablecoins. The project is also authenticated with a 95.0 trust score by Certik. Mutuum Finance Launches $50K Bug Bounty to Enhance Protocol Security Mutuum Finance initiated its Bug Bounty Program with the reward pool amount carrying the value of $50,000 USDT. It has a severity level of four. They are critical, major, minor, and low. The project is also organizing a $100,000 giveaway to grow the project’s community. 10 investors have the opportunity to win $10,000 worth of MUTM tokens each. Solana’s march toward $200 keeps it in the headlines, but Mutuum Finance’s $0.035 presale, $14.3 million raised, and 15,150+ investors show a different kind of breakout forming. With Stage 7 bringing a 14.29% price bump, early positions could see triple-digit returns after the token lists. Backed by a $100,000 giveaway, $50,000 CertiK bug bounty, and the launch of a USD-pegged stablecoin, MUTM blends innovation with trust in a way few early-stage projects manage. The window before the next presale price rise is short, making now the prime time to position for the run ahead. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance
13 Aug 2025, 19:55
Exciting Coinbase USELESS Listing Added to Asset Roadmap
BitcoinWorld Exciting Coinbase USELESS Listing Added to Asset Roadmap Big news is rippling through the cryptocurrency community! According to the New Listings Feed on Telegram, a trusted source for market updates, Coinbase has officially added $USELESS to its asset roadmap. This development is a significant signal, hinting at a potential Coinbase USELESS listing that could bring this intriguing altcoin to a much wider audience. What Does a Coinbase Roadmap Listing Imply for $USELESS Crypto? When Coinbase, one of the world’s largest and most reputable cryptocurrency exchanges, adds an asset to its roadmap, it’s not just a casual mention. It signifies that the asset is under consideration for future listing. While it doesn’t guarantee an immediate listing, it indicates that $USELESS crypto has met certain preliminary criteria and is undergoing a deeper review process. This transparency from Coinbase aims to reduce speculative trading around new listings, providing a clearer picture for potential investors. Increased Visibility: A roadmap mention significantly boosts awareness for $USELESS crypto . Due Diligence: It suggests Coinbase’s team is actively researching and evaluating the project. Investor Interest: Many investors closely watch the Coinbase roadmap for potential opportunities. For the $USELESS community, this is a monumental step, validating the project’s efforts and potential. Unpacking the Potential of a New Crypto Listing A new crypto listing on a major exchange like Coinbase can be a game-changer for any altcoin. Coinbase provides immense liquidity, security, and a user-friendly platform that attracts millions of retail and institutional investors. For $USELESS, a successful listing could translate into: Enhanced Liquidity: Easier buying and selling, reducing price volatility. Broader Accessibility: Exposure to Coinbase’s vast user base, including those new to crypto. Increased Legitimacy: Being on Coinbase often lends an air of credibility and trust to a project. Potential Price Action: Historically, listings on major exchanges have often led to significant price movements for the listed asset. Investors should, however, always conduct their own research and understand the inherent risks associated with cryptocurrency investments. Exploring $USELESS and Its Altcoin Potential While its name might suggest otherwise, $USELESS is a community-driven project aiming to redefine utility within the decentralized finance (DeFi) space. It often focuses on innovative tokenomics, community engagement, and specific use cases that, despite the ironic name, aim to provide tangible value. Its inclusion on the Coinbase roadmap highlights a growing recognition of its underlying technology and community strength. The journey from roadmap inclusion to actual listing involves several stages, including technical integration, legal compliance, and market readiness assessment. The crypto market eagerly watches for official announcements from Coinbase regarding the final listing of any asset on its roadmap. What This Means for the Future of New Crypto Listings The trend of exchanges announcing assets on their roadmap before actual listing is becoming more common. This approach fosters transparency and allows the market to prepare. For investors interested in spotting the next big opportunity, keeping an eye on these roadmap announcements, especially from exchanges like Coinbase, becomes a crucial strategy. The potential altcoin potential of projects like $USELESS, once listed, can be substantial, but always comes with market volatility. In conclusion, the addition of $USELESS to the Coinbase asset roadmap is a significant development, underscoring the dynamic nature of the crypto market and the continuous search for promising projects. While the ultimate listing remains to be seen, this step alone provides a considerable boost to the $USELESS community and its visibility. This post Exciting Coinbase USELESS Listing Added to Asset Roadmap first appeared on BitcoinWorld and is written by Editorial Team
13 Aug 2025, 19:53
ETH To $5000 By This Weekend? Elliott Wave 5 Targets $5,013 As Shorts Get Wrecked
Ethereum is looking ready to break above $5,000 after surging more than 200% from its $1,385 low recorded four months ago. At the time of writing, ETH is trading at $4,680 after touching $4,715. It currently sits merely 2% below its 2021 peak. Market participants anticipate a break above $5,000 this weekend, particularly as the key SMA30 (30-day Simple Moving Average) indicator has shown considerable strength in recent weeks. SMA30 Reveals 40,000 Daily ETH Outflows Keep Bulls in Control Data from CryptoQuant reveals that as of August 12, the ETH SMA30 registers -40,000 ETH, with an average daily outflow of 40,000 throughout the past month. To understand this metric properly, positive net inflow values typically indicate potential selling pressure, while negative values, representing ETH outflows, mean buying pressure is taking control. Ethereum’s Netflow SMA30 Hits -40K ETH: Buying Pressure Strengthens “As long as SMA30 stays in negative territory, the uptrend in Ethereum is likely to continue.” – By @burak_kesmeci pic.twitter.com/vRVR6FVDDs — CryptoQuant.com (@cryptoquant_com) August 13, 2025 Retail investors tend to sell during these periods while institutional players accumulate positions. For example, Arthur Hayes liquidated 2,373 ETH (valued at $8.32 million) one week ago when ETH traded around $3,507, only to repurchase at higher levels. Meanwhile, ETFs purchased $1 billion worth of Ethereum in a single trading session. ETFS JUST BOUGHT $1 BILLION USD OF ETHEREUM BLACKROCK BOUGHT $640M $ETH FIDELITY BOUGHT $270M $ETH GRAYSCALE BOUGHT $80M $ETH THE INSTITUTIONS ARE COMING FOR $ETH pic.twitter.com/lFt0dmINvj — Arkham (@arkham) August 12, 2025 The ETF influence is generating buying pressure and driving prices upward. CryptoQuant analyst “burakkesmeci” maintains that as long as the SMA30 remains in negative territory, Ethereum’s upward trajectory is expected to persist. “Unless we witness a reversal into positive territory, this rally’s momentum could stay intact in the near term,” the analyst said. The buying volume and pressure show no signs of diminishing anytime soon. Ethereum has now exceeded a $567 billion market capitalization for the first time in four years, with daily trading volume surpassing $60 billion. Source: TradingView Yesterday, ETH treasury companies prepared to acquire $27 billion worth of ETH, equivalent to 40% of all ETH currently available on exchanges. Five Ethereum treasury companies presently hold approximately 2,400,000 ETH combined (valued at $5 billion). Tom Lee’s BitMine alone accumulated over $2.9 billion worth of ETH (5% of the Ethereum supply). Why ETH Could Break $5,000 This Weekend The substantial dry capital positioned to bid on Ethereum would likely push it into price discovery territory, potentially establishing new highs above $5,000. Consider that ETH reached $4,868 in 2021 without several current catalysts. For instance, back in 2021, neither ETFs nor treasury companies were purchasing billions in ETH weekly. The U.S. President wasn’t supporting cryptocurrency (let alone holding $500M+ in Ethereum as President Trump does), and OTC desks weren’t experiencing ETH supply shortages. These catalysts, combined with increasing altcoin market dominance, suggest that Ethereum is positioned to continue outperforming the broader market. Crypto investor LordofAlts believes Ethereum can achieve $5,000 by this weekend. His analysis suggests Ethereum is following a familiar pattern of breakout, fake-out, reclaim, and subsequent pump. $ETH playing the same pattern which i shared you earlier. Everything is pretty clear till $4,500 then we will check if this pattern is continuing or we are getting something else. Lock in till then. After a long pullback, we saw a strong reclaim and a big pump everytime. One… https://t.co/5gBqT2wWja pic.twitter.com/dSEcKXjBrb — Henry (@LordOfAlts) August 9, 2025 “ETH is flipping the entire market script and running strong. Now that shorts have been perfectly liquidated, you know what’s coming next. One piece of news, and this movement will become explosive.” Fellow crypto investor TedPillows also pointed out that ETH is preparing to break out of its four-year sideways trading range. He projects a $10,000 target for Ethereum near the cycle peak. Ethereum Technical Analysis: Elliott Wave 5 Points to $5,013 From a technical perspective, the 4-hour ETH/USD chart displays a clear Elliott Wave pattern and appears to be progressing through wave five of the current bullish cycle. Price recently reached $4,699 during wave three, experienced a corrective decline in wave four, and is now advancing toward the projected $5,013 target, with broader resistance extending toward $5,216. Source: TradingView The RSI currently sits at an elevated 76, suggesting overbought conditions that could trigger a short-term pullback before the next upward movement. Price action remains well above the 9-period SMA, demonstrating robust upward momentum. Should the current rally lose steam, a retreat toward the $4,492–$4,410 support zone is possible before continuing. Overall, momentum and wave structure indicate a near-term push higher, though short-term consolidation or correction appears likely before a decisive move toward the $5,000 level. The post ETH To $5000 By This Weekend? Elliott Wave 5 Targets $5,013 As Shorts Get Wrecked appeared first on Cryptonews .
13 Aug 2025, 19:50
Solana ETF: SEC Acknowledges Invesco Galaxy’s Pivotal Spot Filing
BitcoinWorld Solana ETF: SEC Acknowledges Invesco Galaxy’s Pivotal Spot Filing The world of digital assets is buzzing with exciting news! The U.S. Securities and Exchange Commission (SEC) has officially acknowledged the filing for a spot Solana ETF from a powerful duo: Invesco and Galaxy Digital. This isn’t just a procedural step; it’s a significant moment for the broader cryptocurrency market, potentially opening new avenues for investors and solidifying Solana’s place in mainstream finance. What Does SEC Acknowledgment Mean for a Spot Solana ETF? When the SEC issues an SEC acknowledgement of a filing, it essentially confirms that they have received the application and the formal review process has begun. This is the very first step in what can be a lengthy journey toward approval for any new financial product, especially a groundbreaking spot Solana ETF . Initial Phase: The acknowledgment starts the clock for the SEC to review the proposal. They will meticulously examine every detail, from the fund’s structure to its custody arrangements and market surveillance. This rigorous process aims to ensure investor protection. Joint Effort: Invesco and Galaxy Digital are the joint proposers of this innovative fund. Invesco is a global investment management firm with vast experience in traditional finance, while Galaxy Digital is a leading financial services and investment management firm specializing in the digital asset sector. Their combined expertise brings significant weight and credibility to this application. This development follows a noticeable trend where major financial institutions are increasingly exploring ways to offer exposure to cryptocurrencies through regulated investment vehicles. It clearly signals growing institutional interest in assets beyond just Bitcoin and Ethereum, showcasing the expanding acceptance of the crypto space. The Significance of Invesco Galaxy’s Bold Move The strategic move by Invesco Galaxy to file for a spot Solana ETF is particularly noteworthy for several reasons. Solana (SOL) is a high-performance blockchain, widely recognized for its impressive speed, low transaction costs, and remarkable scalability. These attributes have made it a prominent and crucial player in both the decentralized finance (DeFi) and non-fungible token (NFT) ecosystems. A spot ETF would allow traditional investors to gain exposure to SOL’s real-time price movements without the complexities of directly purchasing, storing, or securing the cryptocurrency themselves. This simplifies access significantly. Historically, the SEC has shown hesitation in approving spot crypto ETFs, primarily due to concerns around potential market manipulation and ensuring robust investor protection. However, the recent approvals of spot Bitcoin ETFs earlier this year, and more recently spot Ethereum ETFs, have undeniably set a powerful precedent. This suggests a potential, albeit cautious, shift in the regulatory stance, making a Solana ETF a more tangible and realistic possibility than ever before. For everyday investors, a spot Solana ETF could offer several compelling advantages: Ease of Access: Investors could easily trade shares of the ETF through their existing traditional brokerage accounts, just like stocks or other ETFs. Regulatory Clarity: The ETF would operate within a well-defined and regulated framework, potentially alleviating some concerns about the unregulated nature of direct crypto holdings. Portfolio Diversification: It provides a straightforward way to add another major digital asset to a traditional investment portfolio, offering exposure to the high-growth potential of the Solana ecosystem. Navigating the Regulatory Landscape for a Solana ETF The SEC acknowledgement is merely the initial step in a comprehensive and often lengthy regulatory review process for a Solana ETF . The U.S. Securities and Exchange Commission has a fundamental mandate to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation. Their review process for a new financial product like a spot digital asset ETF involves several critical stages, including public comment periods, detailed staff reviews, and often, multiple rounds of amendments and potential delays. The SEC will meticulously scrutinize various aspects of the proposed fund to ensure it meets stringent regulatory standards. Key areas of focus typically include: Market Surveillance Agreements: How will the ETF ensure that the underlying Solana spot market, which is largely unregulated, is not susceptible to fraudulent activities or manipulation? This often involves agreements with regulated exchanges. Robust Custody Solutions: How will the actual Solana tokens held by the fund be securely stored and protected from theft or loss? Secure, institutional-grade custody is paramount. Comprehensive Investor Protection: What specific safeguards are in place to protect investors from risks associated with cryptocurrency volatility and the nascent nature of the digital asset market? While the path to final approval for a digital asset ETF is certainly not guaranteed and could face significant hurdles, the fact that the SEC is formally reviewing a Solana ETF application demonstrates the increasing maturity and mainstream acceptance of the digital asset space. This ongoing dialogue and integration between traditional finance and the innovative crypto sector are absolutely crucial for sustained innovation and healthy market growth. What’s Next for Digital Asset ETFs? The acknowledgment of the Invesco Galaxy spot Solana ETF filing adds another layer of anticipation and excitement to the rapidly evolving landscape of digital asset ETFs . If this particular ETF receives final approval, it would mark Solana as only the third cryptocurrency, following Bitcoin and Ethereum, to have a spot ETF available to U.S. investors. This achievement would be a significant milestone for the Solana ecosystem. Furthermore, such an approval could potentially pave the way for other altcoin ETFs, significantly broadening the investment horizons for traditional investors who are looking to diversify their exposure to the crypto market. The market is now closely watching how the SEC proceeds with this application. Each step in this regulatory journey contributes to establishing clearer guidelines and a more robust framework for the seamless integration of cryptocurrencies into mainstream financial products. This could unlock substantial institutional capital, bringing greater liquidity, stability, and broader adoption to the Solana network and the wider crypto industry. The acknowledgment of Invesco Galaxy’s spot Solana ETF filing by the SEC is more than just a procedural update; it’s a powerful signal of the increasing institutional embrace of cryptocurrencies beyond Bitcoin and Ethereum. This development could fundamentally reshape how investors access the vibrant world of digital assets, making regulated exposure to Solana a tangible reality. As the regulatory process unfolds, the entire crypto community will be watching closely, anticipating the potential for new investment opportunities and further mainstream adoption. Frequently Asked Questions (FAQs) Q1: What is a spot Solana ETF? A spot Solana ETF is an exchange-traded fund that directly holds Solana (SOL) tokens. It allows investors to gain exposure to Solana’s price movements through traditional brokerage accounts without needing to buy and store the cryptocurrency themselves. Q2: Who filed the spot Solana ETF application? The application for the spot Solana ETF was jointly filed by Invesco and Galaxy Digital, two prominent firms in traditional finance and digital asset management, respectively. Q3: What does the SEC’s acknowledgment mean for the Solana ETF? The SEC’s acknowledgment signifies that they have received the filing and have formally begun their review process. It is the initial step in a multi-stage regulatory journey that could eventually lead to approval. Q4: How does this differ from Bitcoin or Ethereum ETFs? Similar to the recently approved spot Bitcoin and Ethereum ETFs, a spot Solana ETF would directly hold the underlying asset. The key difference is the specific cryptocurrency being tracked, expanding the range of regulated crypto investment products. Q5: What are the potential benefits of a Solana ETF for investors? A Solana ETF could offer investors easier access to Solana’s price action through traditional investment channels, provide regulatory clarity, and allow for better portfolio diversification within a regulated framework. Q6: What are the next steps after the SEC acknowledgment? Following acknowledgment, the SEC will conduct a thorough review, which includes public comment periods. The process can involve multiple rounds of feedback and amendments before a final decision on approval or disapproval is made. Did you find this update on the potential Solana ETF insightful? Share this article with your friends, family, and fellow crypto enthusiasts on social media to spread the word about this exciting development in the digital asset space! To learn more about the latest crypto market trends, explore our article on key developments shaping digital asset ETFs institutional adoption. This post Solana ETF: SEC Acknowledges Invesco Galaxy’s Pivotal Spot Filing first appeared on BitcoinWorld and is written by Editorial Team