Tag: solana etf
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Solana ETF Gets Greenlight in Hong Kong
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The Hong Kong Securities and Futures Commission (SFC) has officially approved the first-ever Solana (SOL) spot exchange-traded fund (ETF), making Hong Kong the first market globally to sanction such a product.The ETF, issued by China Asset Management (ChinaAMC) Hong Kong, joins the region’s earlier Bitcoin and Ethereum spot ETFs as the third regulated crypto investment…
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XRP ETFs Could Hit $8 Billion, But Broader Crypto Demand Looks Weak: JPMorgan
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JPMorgan analysts foresee up to $8 billion flowing into XRP exchange-traded funds (ETFs) and $3 to $6 billion into Solana ETFs. However, they predict tepid demand for cryptocurrency ETFs beyond Bitcoin and Ethereum, highlighting a limited investor appetite for altcoin-focused products. While Ripple’s ongoing legal battle with the SEC could conclude in 2025, potentially boosting…