CryptoNews

Solana Futures ETFs Fall Flat – News Bytes Bitcoin News

Volatility Shares, a prominent exchange-traded fund (ETF) service provider, recently launched two Solana futures ETFs on March 20. The two new funds, the Solana ETF (SOLZ) and the 2x Solana ETF (SOLT), have demonstrated stable early performance. According to Yahoo Finance, these ETFs have recorded average daily trading volumes of approximately 80,000 and 140,000 units, respectively. In monetary…
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CryptoNews

US Spot Ethereum ETFs Record $77.21M Outflow

On Wednesday, U.S.-based spot ethereum exchange-traded funds (ETFs) experienced a day of outflows, with $77.21 million withdrawn from the funds. While six ETFs reported inflows, Grayscale’s Ethereum Trust (ETHE) saw a substantial reduction of $133.33 million. Over $77…
CryptoNews

Ethereum ETFs Face Uphill Battle With SEC: Analyst Foresees Possible Delay Until 2025

A senior Bloomberg ETF analyst predicts that spot ethereum exchange-traded funds (ETFs) in the U.S. are unlikely to emerge this year. Despite the Securities and Exchange Commission (SEC) approving spot bitcoin ETFs, the same is not expected for Ethereum due to different regulatory considerations. The forthcoming U.S. election could further impact this scenario, potentially altering SEC leadership…
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