Rally

Solana

Bitcoin

<ul class="news-points"> 
 <li>Bitcoin’s price stays flat at $61,000 amid fears of a sell-off from the defunct Mt. Gox exchange.</li> 
 <li>Ether rises 2.1% to $3,444.20, fueled by impending SEC approval of a U.S. spot Ether ETF.</li> 
 <li>Solana experienced a 7% surge following a VanEck ETF filing, indicating a shift in investor focus towards altcoins.</li> 
</ul> 
Ether and Solana are surging in the cryptocurrency market, propelled by anticipation of U.S. regulatory approval for their respective exchange-traded funds, even as Bitcoin’s price remains relatively flat at $61,000. 
As expected, Ether surged 2.1% to reach $3,444.20, propelled by a Reuters report suggesting <a href="https://www.reuters.com/technology/us-regulators-could-approve-spot-ether-etfs-launch-by-july-4-sources-say-2024-06-26/" target="_blank" rel="nofollow">imminent SEC approval</a> for a spot Ether ETF as early as next week. Anticipation of regulatory approval has not only boosted Ether but also spurred a 7% jump in Solana following VanEck’s filing for a Solana ETF. 
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 I am excited to announce that VanEck just filed for the FIRST Solana exchange-traded fund (ETF) in the US. Some thoughts on why we believe SOL is a commodity are below. Why did we file for it? A competitor to Ethereum, Solana is open-source blockchain software designed to… <a href="https://t.co/XwwPy8BXV2" target="_blank" rel="nofollow">pic.twitter.com/XwwPy8BXV2</a>— matthew sigel, recovering CFA (@matthew_sigel) <a href="https://twitter.com/matthew_sigel/status/1806313241431138434?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">J…</a>
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The post <a href="https://coinedition.com/ether-solana-rally-on-etf-optimism-outpacing-bitcoin/">Ether, Solana Rally on ETF Optimism, Outpacing Bitcoin</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Ether, Solana Rally on ETF Optimism, Outpacing Bitcoin

Coin Edition

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