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. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 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>
 </blockquote>
 </div>
</figure>
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

Інші статті, опубліковані 28 черв. 2024 р.

Meme Coins On The Verge of Breakout

Wormhole’s NTT Powers ETHFI’s Multichain Transfer on Arbitrum

Is Ethereum’s market bottom in? Price indicators point to a $5K target

2024 Presidential Debate Sidesteps Cryptocurrency Despite Its Growing Importance

Cryptocurrency Injective Decreases More Than 3% Within 24 hours

WAX to Soon Introduce an Exclusive Token Bridged with TON Network

Приєднуйтеся до нашої безкоштовної розсилки для отримання щоденних оновлень щодо крипто!