Digital asset managers, including Canary Capital, VanEck, and Franklin Templeton, are pushing for a spot Solana ETF, with filings already made to the SEC. Solana’s price shows bullish momentum, supported by technical patterns like the inverse head and shoulders and a golden cross. Following Donald Trump’s victory on Tuesday, November 5, Bitcoin and the broader…
Analysts, including Bloomberg’s Eric Balchunas, suggest that the approval of spot Solana ETF has a “snowball’s chance in hell” due to ongoing SEC concerns. In contrast to the U.S., Brazil’s Securities and Exchange Commission (CVM) has approved its second Solana ETF within a month. The chances of spot Solana ETF approval in the United States…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 In a significant development, the United States Securities and Exchange Commission (SEC) has rejected several 19b-4 applications. According to a source familiar with the matter, the Cboe BZX Exchange submitted an application on behalf of two potential issuers for a spot Solana Exchange-Traded Fund (ETF). SEC Denial Comes Amid…