This is particularly relevant for coins issued by media personalities, as their sale may be interpreted by the regulator as a securities offering.
Well, that's it, time to dump #Tremp and #Durev
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#VanEck has submitted an application to launch an exchange-traded fund based on #SOL, where the altcoin is referred to as a commodity, without the possibility of staking.
The coin immediately responded with growth, and analysts from #GSR stated that if spot Solana-ETFs are approved, a 9-fold increase in SOL can be expected.
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#Opinion
🔷 Analysts from K33 Research predict that after the launch of an #ETF, #Ethereum will surpass #BTC in growth rate
In their opinion, trading could start as early as July 8, leading to a significant increase in the price of #ETH.
Meanwhile, #Bloomberg reports that the #SEC will approve the applications on July 12, and trading will begin in the middle of the month. If launched, experts foresee a capital inflow into the ETH-ETF of 45 billion dollars in the first year of trading📈
In their opinion, trading could start as early as July 8, leading to a significant increase in the price of #ETH.
Meanwhile, #Bloomberg reports that the #SEC will approve the applications on July 12, and trading will begin in the middle of the month. If launched, experts foresee a capital inflow into the ETH-ETF of 45 billion dollars in the first year of trading
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The Messari CEO called the regulator an illegal entity and its chairman a "corrupt and counterproductive feckless official."
The company has already announced the severance of all contacts with the SEC and is preparing its own package of proposals for cryptocurrency regulation in the US.
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ETF market analyst from #Bloomberg, Eric Balchunas, reported that the #SEC has sent a request to #ETH-ETF issuers to submit final application forms, including fee details.
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