CEO Vaneck predicted that Bitcoin could reach a market capitalization half that of gold, read the full news here!

CEO VanEck Predictions: Bitcoin price headed towards $350,000 in 2025

CEO  VanEck Bitcoin price headed towards $350,000 in 2025

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CEO  VanEck Bitcoin price headed towards $350,000 in 2025.png

On July 8, 2024, Cboe filed a form 19b-4 with the SEC for the Solana ETF proposed by VanEck and 21Shares. Read this article to find out more! 

CBOE Files Form 19b-4 for Solana ETF

<img src="https://static.bittime.com/cms-static/upload/CBOE_Files_Form_19b_4_for_Solana_ETF_3c078c82bf.webp" alt="CBOE Files Form 19b-4 for Solana ETF" width="2048" height="1152"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/?cn=400001">Bittime</a> -&nbsp;The crypto market is buzzing again with important news regarding new ETF filings. On July 8, 2024, Cboe BZX Exchange, Inc. filed form 19b-4 with the SEC for the Solana ETF proposed by VanEck and 21Shares.&nbsp;<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?cn=400001"><img src="https://static.bittime.com/cms-static/upload/Lucky_Draw_Bittime_072d476ddf.jpg" alt="Lucky Draw Bittime" width="746" height="155"></a><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">&nbsp;Cboe Proposed Submission Details</h2>The Form 19b-4 filed by Cboe is a formal step in the regulatory process for introducing new ETFs. VanEck and 21Shares filed for a Solana ETF through Cboe, with the intent of listing and trading shares of the VanEck Solana Trust and 21Shares Core Solana ETF.&nbsp;&nbsp;This filing marks the start of the review process by the SEC. Once this filing is acknowledged by the SEC, the SEC will be given time to review and render a decision regarding the proposed ETF. This process usually involves a rigorous assessment of various factors, including the safety and suitability of the proposed financial product.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/staking?cn=400001"><img src="https://static.bittime.com/cms-static/upload/Staking_Meme_Coin_3f18ac9bb9.jpg" alt="Staking Meme Coin" width="2985" height="620"></a><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Potential of Solana ETF in Crypto Markets</h2>The Solana ETF proposed by VanEck and 21Shares has the potential to provide investors with easier and broader access to Solana crypto assets. Solana, known for its high transaction speed and cost efficiency, has attracted the attention of many investors and developers in the crypto space.&nbsp;With this ETF, institutional and retail investors can have a more organized and secure way to invest in Solana without having to directly buy and hold the crypto asset.This can increase liquidity and attract more investment into Solana, which in turn can drive the growth of the Solana ecosystem as a whole.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/airdrop/Hamster_Kombat?cn=400001"><img src="https://static.bittime.com/cms-static/upload/banner_airdrop_hamster_kombat_bittime_7ccd46df19.jpg" alt="Airdrop Hamster Kombat Bittime" width="2985" height="620"></a><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Awaiting SEC Decision</h2>According to Nate Geraci, president of The ETF Store, Cboe's filing of form 19b-4 for the Solana ETF from VanEck and 21Shares is a major step in the regulatory process. Geraci said that once this filing is acknowledged by the SEC, the decision-making process will begin immediately.&nbsp;Therefore, crypto players should continue to monitor these developments as the SEC's decision will influence the next steps for the Solana ETF.<h2 style="line-height:1.38;margin-bottom:6pt;margin-top:18pt;" dir="ltr">How to Buy Crypto with Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?cn=400001"><img src="https://static.bittime.com/cms-static/upload/Cara_Beli_Crypto_di_Bittime_8a66f330dc.jpg" alt="Cara Beli Crypto di Bittime" width="776" height="273"></a>You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.&nbsp;Monitor graphic movement<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?cn=400001">&nbsp;</a>price&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?cn=400001">Bitcoin (BTC)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH?cn=400001">&nbsp;Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL?cn=400001">&nbsp;Solana (SOL)</a>&nbsp;and other cryptos to find out today's crypto market trends in real-time on Bittime.

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CBOE Files Form 19b-4 for Solana ETF.webp

On July 8, 2024, Cboe filed a form 19b-4 with the SEC for the Solana ETF proposed by VanEck and 21Shares. Read this news!

  CBOE Files Form 19b-4 for Solana ETF from VanEck and 21Shares

The filing of an Exchange-Traded Fund (ETF) for Solana (SOL) by investment manager VanEck brings a breath of fresh air to the crypto world. 

VanEck's Solana ETF Filing: Huge Benefits for Crypto Even Though Not Yet Approved

VanEck's Solana ETF Filing Huge Benefits for Crypto Even Though Not Yet Approved.png

thumbnail_VanEck's Solana ETF Filing Huge Benefits for Crypto Even Though Not Yet Approved.png

 -  The filing of an Exchange-Traded Fund (ETF) for Solana (SOL) by investment manager VanEck brings a breath of fresh air to the crypto world. Although it is unlikely that this application will be approved any time soon, this move is still considered bullish by industry players.

VanEck, with nearly $102 billion in assets under management as of March 31, filed for the first Solana spot ETF (SOLUSD) in the US on Thursday. Solana, often considered a competitor to Ethereum (ETHUSD), is known for its high transaction speeds and low fees. News of this ETF application triggered a positive reaction in the market, although approval still has to wait a while.

VanEck's move has a positive impact on Solana and the entire crypto ecosystem. Here are some reasons why this application is considered profitable:

VanEck's ETF filing provides additional validation of Solana as a digital asset worthy of investment. This helps increase investor confidence, especially from institutional circles, in Solana.

If this ETF is approved, it will open the door for more investors to participate in the Solana market. ETFs allow investors to purchase shares representing an asset without having to directly purchase and hold the crypto. This could increase Solana's liquidity and price stability.

A stock exchange-traded ETF would provide broader exposure to Solana. Investors who were previously uninterested or uncomfortable with trading crypto directly may be more interested in investing via ETFs.

However, there are several challenges that must be faced. Crypto ETF applications often face regulatory hurdles. The SEC (Securities and Exchange Commission) has a history of being strict in approving crypto-based ETFs, especially spot ones. VanEck itself has experienced several rejections for other crypto ETF applications.

However, this step is still seen as a positive signal. This filing demonstrates VanEck's commitment to digital assets and their long-term potential.

News of VanEck's Solana ETF filing triggered a surge in Solana token prices. This shows market enthusiasm and confidence that this move is a step in the right direction. Solana price saw an increase immediately after the announcement, reflecting bullish sentiment among investors.

VanEck's Solana ETF application may not be approved anytime soon, but the move brings many benefits to the crypto ecosystem. Additional validation, higher liquidity potential, and broader exposure are some of them. Despite regulatory challenges, this move suggests a bright future for Solana and crypto in general.

As blockchain technology continues to develop and crypto adoption increases, steps like these help build a stronger foundation for a more inclusive and decentralized future.

You can buy and sell crypto assets in an easy and safe way through Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

  and other cryptos to find out today's crypto market trends in real-time on Bittime. 

The filing of an Exchange-Traded Fund (ETF) for Solana (SOL) by investment manager VanEck brings a breath of fresh air to the crypto world. Although it is unlikely that this application will be approved any time soon, this move is still considered bullish by industry players.

VanEck has just made important history in the crypto ecosystem! The investment management company has filed an application with the SEC for the first Solana ETF in the United States.

VanEck Files First Solana ETF in US, SOL Price Soars!

VanEck Ajukan ETF Solana Pertama di AS - Bittime

thumbnail_VanEck Ajukan ETF Solana Pertama di AS - Bittime (1).png

VanEck Ajukan ETF Solana Pertama di AS - Bittime (1).png

 - VanEck has just made important history in the crypto ecosystem! The investment management company has filed an application with the SEC for the first Solana ETF in the United States.

The filing marks a watershed moment for Solana, which is often considered a competitor to Ethereum.

The document, entitled VanEck Solana Trust, was filed following the successful launch of the VanEck Bitcoin ETF in Australia. The Solana ETF, if approved by crypto regulators, will track the Solana spot price and will be listed on the Cboe BZX exchange.

The filing comes just days after digital asset manager 3iQ submitted a similar request for a Solana ETF on the Toronto Stock Exchange (TSE) in Canada.

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harga solana.png

This news immediately had a positive impact on the crypto market. The price of Solana (SOL) increased 7.98% immediately after the filing announcement.

SOL is currently trading above $147, indicating significant gains since the document was published.

This shows the influence such news can have on crypto prices and highlights the importance of institutional adoption for the recognition and stability of digital assets.

ETFs: A Central Point for Crypto Adoption?

VanEck's entry into the Solana space with an ETF is a sign of confidence in the blockchain and its future potential.

This could also signal a growing trend towards diversifying crypto investment products offered to traditional investors who want exposure to crypto without holding assets directly.

It is worth noting that all of this significant progress in ETFs is thanks to Bitcoin ETFs. They pave the way for investment managers to consider providing similar investment vehicles tied to other cryptocurrencies.

In addition to short-term price increases, VanEck's Solana ETF filing has several other potential implications for the crypto ecosystem as a whole. Let's take a look at some of them:

ETFs typically attract many institutional investors, which can increase the overall liquidity of the crypto market.

Higher liquidity can lead to lower price fluctuations and greater stability for crypto assets like Solana.

Regulatory-backed ETFs could help legitimize crypto as an asset class in the eyes of traditional investors. This could attract more institutional capital into the crypto space, which could ultimately spur growth and innovation across the sector.

Solana ETFs can be an attractive option for investors who want to gain exposure to Solana without needing to purchase and hold coins directly.

This can open up the world of crypto investing to investors who may have previously been hesitant to jump right in.

The SEC's ETF approval process could help establish clearer regulatory standards for crypto assets. Regulatory clarity can encourage greater institutional participation and long-term growth of the crypto industry.

However, it's also important to note that there are some potential challenges to consider:

The crypto market is known for its high volatility. While ETFs can help reduce some of this volatility, investors should still be alert to the risk of significant price declines.

There is no guarantee that the SEC will approve VanEck's Solana ETF application. The approval process can be long and complicated.

Fees associated with the Solana ETF may impact investors' returns. It is important to understand the structure of an ETF before investing.

VanEck's filing of a Solana ETF is a promising development for the crypto industry. This not only represents a step forward for Solana as a cryptocurrency but also for the entire sector.

This could lead to greater institutional adoption and increased recognition of cryptocurrencies as a legitimate asset class.

You can buy and sell Solana (SUN) in an easy and safe way through over. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

Solana (SUN) available on Bittime with market pair SOL/IDR. To be able to buy SOL IDR Of over Make sure you have registered and completed identity verification. 

Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

 and other cryptos to find out today's crypto market trends in real-time on Bittime.

VanEck has just made important history in the crypto ecosystem! The investment management company has filed an application with the SEC for the first Solana ETF in the United States.
