Tag: ETF

XRP ETF tickets could exceed USD 8.3 billion by 2026, according to Standard Chartered

[ad_1]

  • NAV reference points for BTC and ETH ETFs support the prognosis.
  • The final deadline of the SEC for the approval of the XRP ETF is October 12.
  • Polymarket data show a 79% approval possibilities by the end of the year.

The anticipation of an XRP stock exchange (ETF) is increasing in the cryptocurrency sector as analysts weigh the possible entries, the impacts on the market and the regulatory dynamics.

While rumors and delays have shaped much of the recent conversation, forecasts based on key institutions now offer a clearer image.

Standard Chartered Bank projects that an ETF in the XRP cash that lies in the US could attract between USD 4.4 billion and USD 8.3 billion in tickets within its first year, according to the reference points of net assets of assets observed in the ETF of Bitcoin and Ethereum existing.

This projection, although optimistic, is cautious by others in the market.

Standard Chartered bases its projection on the ETF reference rates

Standard Chartered Digital Assets Research Head of Digital Assets, Gendrick, said the NAV capitalization proportions of the ETF to the US cash. UU. Already approved were used to model the possible XRP ETF tickets.

The Bitcoin and Ethereum Cash ETF currently show NAV of around 6% and 3% of their respective market capitalizations.

The application of these proportions to the XRP market capitalization results in a range of USD 4.4 billion to USD 8.3 billion.

Kendrick highlighted the Bitwise ETP data in Europe, where XRP, Solana and Litecoin quote along with BTC and ETH.

He pointed out that the Altcoins represent a most of the ETP NAV in relation to their market capitalizations, although this may reflect the lowest number of products available for Altcoins compared to Bitcoin and Ethereum.

The XRP price forecast is reviewed in the middle of ETF optimism

Based on the entrances ETF anticipated, Standard Chartered forecast A significant increase in the price of XRP.

The bank expects XRP to rise to $ 5.50 at the end of 2025 and reach $ 8.00 in 2026.

The objective for 2029 is set at $ 12.25.

This forecast involves the approval of the XRP ETF and a general continuation of the growth of investment vehicles in digital assets.

As a comparison, Kendrick said Bitcoin could reach the USD 120,000 in the second quarter of 2025, the USD 200,000 at the end of the year and the USD 500,000 in 2028.

XRP is expected to maintain the rhythm, although with a lower general adoption and inflation differences.

The current XRP inflation rate is 6%, compared to 0.8% Bitcoin.

Bitfinex analysts issue a cautious counterpoint

Despite the bullish projections, not all market observers are convinced that XRP ETFs generate the same enthusiasm as Bitcoin products.

Exchange analysts Bitfinex cryptocurrencies argue that investors’ interest may be dispersed in an increasing list of ETF of Altcoins.

As such, it is possible that XRP does not see entries comparable to those of Bitcoin, even if approved.

Its caution reflects broader concerns about the saturation of the ETF market and regulatory clarity.

While Bitcoin enjoys legal clarity as raw material, XRP has faced classification problems and legal disputes that can influence investors’ confidence.

The schedule for the approval of the XRP ETF is still uncertain

Several financial companies, such as Grayscale, Wisdomtree, Bitwise, Canary and 21Shares, have presented XRP ETF before the stock exchange and values ​​commission.

Bitwise’s request was officially recognized on February 18, establishing a maximum period of 240 days, or on October 12, for a final decision.

This reflects the timeline applied to Bitcoin Cash ETFs in early 2024.

However, other ETF applications of Altcoins, such as those of Solana and Litecoin, could affect when a decision on XRP is made.

According to Kendrick, Litecoin can be a priority given its similarity with Bitcoin and its historical treatment as merchandise.

Polymarket data shows that, from now on, the probability that the XRP ETF be approved for July 31 is 39%, increasing to 79% at the end of the year.

Analysts such as Eric Bloomberg Balchunas suggest that Litecoin could be the first among the Altcoins to obtain approval, followed by Hbar and, finally, XRP and Solana, which face unresolved security classification challenges.

Share-This-Article
Categories

[ad_2]

https%3A%2F%2Fcoinjournal.net%2Fes%2Fnoticias%2Flas-entradas-de-etf-de-xrp-podrian-superar-los-usd-8-3-mil-millones-para-2026-dice-standard-chartered%2F

The SEC delays the decision about the XRP ETF of Franklin Templeton

[ad_1]

  • The United States has delayed its decision to approve or disapprove Franklin Templeton’s request for an XRP cash.
  • The SEC has extended the ETF XRP review period until June 17, 2025.
  • ETF expert James Seyffart says that most final verdicts for most ETF proposals are made in October or later.

The US stock and values ​​commission. UU. (SEC) has postponed its decision on the Bag in the Bolsa (ETF) of XRP to the counted proposed by Franklin Templeton.

The announcement of the SEC, of ​​April 29, 2025, establishes that the regulator will have until June 17, 2025. This is the deadline to decide whether to approve or reject the XRP ETF in cash. A new delay gives the agency more time to evaluate Franklin Templeton’s proposal.

The sec postpones the decision about the ETF XRP of Franklin Templeton

According to the presentation Of the SEC, the agency requires a longer period to evaluate Franklin Templeton’s request, which was initially presented on March 19, 2025.

The proposal aims to list and negotiate actions of the Franklin XRP fund under rule 8.201-E of Nyse Arca. The SEC said that the extended review period, now established in 45 days, can be extended even more to 240 days from the initial publication in the Federal Registry, which could delay a final decision until mid -October 2025.

According to the presentation of the SEC, the delay is within the law and offers time to thoroughly examine the proposed rule change and its alignment with the requirements of the self -regulating organization. It is not completely new, the measure is aligned with a cautious deliberation pattern that the SEC has adopted with respect to financial products related to cryptocurrencies, after taking years to approve the Bitcoin ETF spot and ETF spot of Ether.

What comes below according to the ETF analyst?

Despite the delays, the demand for these ETF of cryptocurrencies by investors continues to increase. In recent months, issuers have submitted more than 70 proposals seeking authorization to include funds quoted in the stock market (ETF) in the main Altcoins. XRP, Solana, Litecoin, Hedera and Dogecoin are among the most anticipated.

In relation to the delay, Bloomberg’s ETF analyst James Seyffart, affirmed which provides for more DEC delays this week and in the next few days. It should be noted that the regulator has also postponed its decisions about Ethereum Staking and the ETFs of Dogecoin. Seyffart anticipates that the limit dates for most ETF presentations will be in October 2025 or later.

Seyffart said: «Prevent more delays today, or at least this week, in some presentations of ETF of Solana and Hedera/Hbar. It is expected, in my opinion. The final deadline for most of these procedures is October 2025 or later ».

Share-This-Article
Categories

[ad_2]

https%3A%2F%2Fcoinjournal.net%2Fes%2Fnoticias%2Fla-sec-retrasa-la-decision-sobre-el-etf-de-xrp-de-franklin-templeton%2F

Bitcoin ETF tickets reach 442 million dollars while Bitcoin’s price is close to the $ 100,000 target

[ad_1]

  • The Ishares Bitcoin Trust (Ibit) of Blackrock dominated the last wave of tickets, obtaining 327.3 million dollars.
  • 87.3% of Bitcoin’s supply is now profitable, compared to 82.7% in March.
  • Chain data suggests that accumulation is increasing in the midst of retail fomo signals.

Bitcoin Bag) funds (ETF) in the United States attracted $ 442 million in net tickets on Thursday, which marks the fifth consecutive day of profits.

Although the figure was lower than the numbers of the previous days, the sustained impulse points to the strengthening of institutional confidence in Bitcoin in the midst of volatile global economic conditions.

While Bitcoin remains firm in $ 94,000, investors optimism continues to increase, with renewed called to a $ 100,000 target earning land in the markets.

At the same time, chain data reveal a critical change in Bitcoin’s profitability metrics, highlighting greater accumulation.

Blackrock Ibit leads Bitcoin’s ETF tickets with $ 327 million

Ishares Bitcoin Trust (ibit) of Blackrock dominated the last wave of tickets, ensuring $ 327.3 million according to Sosovalue data .

Ark Invest and Arkb of 21Shares followed him with 97 million dollars, while Bitb de Bitwise and Btco de Investco gathered 10.2 million and 7.5 million dollars, respectively.

Although Thursday’s entrance flow was lower compared to the $ 916.9 million and $ 936.4 million registered earlier of the week, the persistence of demand indicates a growing institutional interest.

The general commercial volumes of the 12 ETF of Bitcoin that quote in the US.

However, the broader trend shows a growing appetite by cryptocurrency investment vehicles, particularly because macroeconomic tensions remain high.

Thursday’s ETF performance occurred along with a positive session in US stock markets.

The Nasdaq rose 2.7%, the S&P 500 rose 2%and the Dow gained 1.2%, driven by relief signals of commercial tensions between the United States and China.

Bitcoin continued to demonstrate resilience in parallel with these broader movements, quoting at $ 94,552 at the time of publication, According to Coinmarketcap .

Ether It also registered modest profits, rising 0.43% to 1,778 dollars.

Bitcoin accumulation increases as supply profitability increases

Glassnode data They show that 87.3% of Bitcoin’s current supply is now profitable, compared to 82.7% of the last time BTC approached $ 94,000 in March.

The increase reflects a renewed purchase activity during recent price setbacks, suggesting that investors took advantage of market falls to strengthen their positions.

Historical patterns indicate that when more than 90% of Bitcoin’s supply remains profitable, market dynamics often enters an euphoric phase, which can trigger strong price increases.

This behavior is aligned with past cycles, where the feeling driven by profitability contributed to important maximums and local peaks.

Meanwhile, ETF Al Cash of Ether also showed signs of recovery, registering $ 63.5 million in net tickets on Thursday after $ 23.9 million in departures the previous day, according to the latest data available.

This rebound reflects a broader optimism throughout the cryptocurrency sector, driven by both the structure of the market and by macroeconomic catalysts.

Fomo among small investors hints volatility risks

The Santiment chain analysis firm He observed a remarkable increase in the fear of missing something (Fomo) among the small Bitcoin holders as prices approached $ 94,000.

Historically, the increase in the FOMO among retail merchants usually accompanies the local market peaks, which adds a caution layer to short -term projections.

Despite this risk, long -term perspectives are still backed by the foundations.

Santiment indicated that, although Bitcoin can soon reach $ 100,000, significant milestones usually follow cooling periods instead of immediate increases driven by exaggeration.

Supporting this vision, Prince Filip Karađorđević de Serbia shared his upward position in a recent interview, suggesting an imminent breakdown of the “Omega Vela” that could take Bitcoin far beyond the $ 100,000.

He argued that, although market forces can currently suppress Bitcoin’s upward movement, a break seems inevitable.

Share-This-Article
Categories

[ad_2]

https%3A%2F%2Fcoinjournal.net%2Fes%2Fnoticias%2Flas-entradas-de-etf-de-bitcoin-alcanzan-los-442-millones-de-dolares-mientras-el-precio-de-bitcoin-se-acerca-al-objetivo-de-100-000-dolares%2F

XRP could reach $ 15 if ETF tickets increase, says an analyst who uses a multiplier model

[ad_1]

  • The XRP market capitalization increased $ 7.74 billion with only $ 12.87 million tickets on April 12, 2025.
  • The current market capitalization of XRP is $ 125 billion and its price is around $ 2.13.
  • Nine companies submitted requests for XRP ETFs to the SEC in recent months.

As the interest in the funds quoted in the Bag (ETF) of cryptocurrencies intensifies, XRP is gaining attention for its price promoted by institutional entries.

According to financial analyst Zach Rector XRP could reach $ 15 in 2025 if ETF tickets reach $ 4 billion, taking advantage of a market capitalization multiplier model.

This estimate comes at a time when several asset administrators, including Grayscale, Vaneck and Ark Invest, are queuing XRP ETFs in the United States.

Ripple’s pending legal resolution also feeds the speculation that the SEC could approve one or more ETF of XRP by the end of the year.

A strong multiplier effect

The rector’s analysis is based on a simple but forceful concept: the stock capitalization multiplier. This metric divides the variation of the stock market capitalization of an asset between the size of its net entrance, which allows to measure the impact of capital entrance to the market.

On April 12, 2025, XRP market capitalization increased by $ 7.74 billion in eight hours, with only $ 12.87 million in tickets, which is equivalent to a 601x multiplier.

Using a more conservative multiplier of 200x, rector projected what would happen if the lower prognosis of JPMorgan of $ 4 billion in XRP ETF tickets was met.

According to its model, this could boost an increase of $ 800 billion in market capitalization. Based on an estimated offer of 60 billion XRP tokens, this would place the price of XRP at $ 15, compared to its current price of approximately $ 2.13. This implies a price increase of 597%.

Fountain: Coinmarketcap

ETF presentations increase impulse

The perspective of an XRP ETF won more strength this month when nine fund managers requested products in the United States Stock Exchange and Securities Commission.

The list includes Franklin Templeton, Wisdomtree, 21Shares and Bitwise. At the same time, Ripple is expected to resolve its prolonged litigation with the SEC in 2025, thus eliminating a key regulatory obstacle.

Meanwhile, an ETF leverage by XRP from Teucrium Investment Advisors began to quote Nyse Arca. While it is not an ETF in cash, its approval has generated hope that similar funds can follow its example.

Internationally, Brazil approved an XRP ETF in cash in March 2025, becoming the first country to do so. Polymarket currently estimates that the probability of approval in the US. By the end of the year it is 78 %.

JPMorgan expects important capital tickets

JPMorgan estimated at the beginning of this year that XRP ETFs could attract between 4,000 and 8,000 million dollars in net tickets during their first year. The rector’s forecast was based on the lower end of this range, avoiding more risky assumptions.

Even so, the underlying logic of a multiplier effect means that modest capital entries can have a huge effect on market capitalization.

Currently, XRP has a market capitalization of approximately $ 125 billion. If the multiplier model is maintained and tickets total $ 4 billion, it could reach an assessment of $ 925 billion.

However, Rector also acknowledged that his model does not take into account futures markets, decentralized trade in the XRP LEDger or changes in the supply of tokens, all of which could further change prices dynamics.

Although ETF products in Ethereum have experienced disappointing tickets of only $ 2.28 billion since July 2024, the recent XRP price action and the ETF interest could differentiate it.

But regulatory deadlines and investor risk appetite will ultimately decide how the scenario will take place.

The Post XRP could reach $ 15 if ETF tickets increase, says an analyst who uses a multiplier model Appeared First on coinjournal.

[ad_2]

https%3A%2F%2Fcoinjournal.net%2Fes%2Fnoticias%2Fxrp-podria-alcanzar-los-15-si-aumentan-las-entradas-de-etf-dice-un-analista-que-utiliza-un-modelo-multiplicador%2F

Canary Capital presents Form S-1 for an ETF sui before the SEC

[ad_1]

  • The bottom quoted in the stock market (ETF) Sui de Canary Capital has been recognized by the United States Stock Exchange and Securities Commission (SEC)
  • The cryptocurrency fund manager has presented several ETF of Altcoin before the SEC, including Hedera, Litecoin and XRP.
  • Sui’s ETF arises after World Liberty Financial (WLFI), backed by Trump, announced last week that would add sui assets to its Tokens reserve.

Canary Capital has presented an S-1 form before the US stock and values ​​commission. UU.

According to a Blog From the SUI Foundation, the SEC has recognized the presentation, which indicated that it was a “first critical step” in the approval of the ETF. The presentation of the ETF SUI of March 17 is the most recent of Canary Capital.

Some cryptocurrency ETFs that have already presented to the SEC include hedera, litecoin and XRP. The new presentation follows a regulatory change within the agency after the re -election of the US President.

Donald Trump last November. Since then, several organizations have presented the S-1 and 19B-4 forms to the SEC to track and list Cryptocurrencies.

Join Wlfi

The Sui Foundation said: «The impulse of the Sui ecosystem is due directly to its technological advantage, which has recently attracted a wave of developers and institutional products, exceeding 70 billion dollars in decentralized exchange volume (DEX) and accumulating more than 67 million accounts.

Canary Capital application for an ETF is the last confirmation of this trajectory, since institutions continue to recognize the advantages of sui technology ». The news of the Canary Capital application for an ETF of Sui is also significant, since the World Liberty Financial (WLFI) platform, backed by Trump, advertisement Last week you would add Sui assets to your Tokens reserve.

Evan Cheng, co -founder and Executive Director of Mysten Labs, the company that originally contributed to Sui, said:

“We believe that the combination of sui technology and Wlfi’s ambitions could help redefine the way the world stores and uses assets.”

The decision to create a SUI ETF occurs after the cryptocurrency fund manager will present a fiduciary entity In the state of Delaware on March 6. The next step for Canary Capital is to present a 19B-4 form before the SEC.

Share-This-Article
Categories

[ad_2]

https%3A%2F%2Fcoinjournal.net%2Fes%2Fnoticias%2Fcanary-capital-presenta-el-formulario-s-1-para-un-etf-sui-ante-la-sec%2F

CBOE presents the 19B-4 application to include the Solana ETF proposed by Franklin Templeton

[ad_1]

  • CBOE has submitted the application to quote Franklin Templeton’s ETF Solana
  • The ETF Franklin Templon Solana aims to follow the sun’s price
  • Solana (Sol) reached $ 129.60 after the presentation, but fell to $ 123.71 amid a broader fall in cryptocurrencies.

The BZX CBOE Stock Exchange has submitted the 19B-4 application before the US stock and securities commission.

Proposed by Franklin Templeton, the application It was presented on Wednesday, March 12, 2025. It should be noted that Franklin Templeton, a global investment giant that manages more than 1.5 billion dollars in assets, presented its initial proposal For the ETF less than a week ago, which reflects the growing interest in cryptocurrency -based funds among traditional financial institutions.

The proposed ETF of Franklin Templeton Solana

The ETF Solana proposed by Franklin Templeton seeks to replicate the spot price of sun, the native cryptocurrency of a blockchain known for its high -speed transactions and its popularity among the developers of MEME coins.

Franklin Templeton’s incursion in Solana occurs after a competitive wave of similar applications of companies such as Grayscale Investments, Canary Capital, Bitwise, 21Shares and Vaneck, all of them interested in launching ETFs Solana Spot. The SEC has already opened periods of public consultation for several of these proposals, indicating a cautious but active evaluation process.

The impulse of Funds Solana highlights a change beyond Bitcoin and Ethereum, which have dominated the ETF market with almost 100,000 million dollars and 2.5 billion dollars in assets, respectively.

The ETFS of Ethereum Spot, although less explosive than their Bitcoin counterparts, have attracted important tickets since its launch eight months ago, setting a precedent for Altcoins funds such as Solana.

Unlike direct cryptocurrency property, ETFs offer a family investment vehicle for institutional and retail investors, which could boost a broader adoption.

The SEC has 240 days to review the presentation

The CBOE application begins a 240 -day review period during which the SEC must decide whether to approve or denied the application. This period places the decision by the end of 2025, possibly in line with a broader wave of Cryptocurrency ETF approvals.

The application underlines Solana’s growing attraction, despite the fact that its recent price is around $ 124 (below its historical maximum) amid a two -month drop in the cryptocurrency market.

It should be noted that this is not Franklin Templeton’s first foray into the world of cryptocurrencies. The firm began exploring digital assets in 2019 digitizing the actions of a money market fund in the Stellar blockchain, followed by a digital asset risk capital fund in 2021.

Bitcoin and Ethereum operates ETF, which demonstrates their growing experience in this sector. The proposed Solana ETF could further diversify Templeton’s offer, taking advantage of an avid market regulated to Altcoins.

Solana price reaction

Despite experiencing a slight rebound to an intradiary maximum of $ 129.60 after the presentation of the application of CBOE, Solana (Sol) retreated shortly after to $ 123.71 at the close of this edition, 39% less than in the last month.

The price of Solana remains well below its maximum of January, affected by the general collapse of cryptocurrencies and the decrease in enthusiasm around the meme coins based on their blockchain.

However, the presentation of the ETF of Solana suggests confidence in its long -term potential, especially as a scalable platform for decentralized applications. If approved, the ETFs of Solana could inject fresh capital and stability in the Solana ecosystem, reflecting the transforming effect that Bitcoin ETF had in that market.

Share-This-Article
Categories
Tags

[ad_2]

https%3A%2F%2Fcoinjournal.net%2Fes%2Fnoticias%2Fcboe-presenta-la-solicitud-19b-4-para-incluir-el-etf-de-solana-propuesto-por-franklin-templeton%2F

Nyse Arca officially presents the Bitwise Dogecoin ETF

[ad_1]

  • Nyse Arca presented a 19B-4 form for Bitwise Dogecoin ETF.
  • The SEC is expected to make a decision in mid -October 2025.
  • The price of Dogecoin has fallen 15% to $ 0.19 despite the optimism of the ETF.

Nyse Arca has taken a bold step by submitting the application to include Bitwise Dogecoin ETF. On March 3, 2025, the stock market presented a Application 19B-4 to the United States Stock Exchange and Securities Commission (SEC), a fundamental measure that could bring to the market a regulated investment product in Dogecoin.

If the SEC gives its approval, this fund quoted in the stock market (ETF) would allow institutional and retail investors to take advantage of Dogecoin potential without the complexities of directly possessing memecoin.

Nyse will be associated with Coinbase and Bank of New York Mellon for the ETF

Bitwise’s ETF Dogoin aims to simplify investment in cryptocurrencies by offering a family structure for those accustomed to traditional markets. Coinbase, a leader in cryptocurrency, has been chosen as a custodian of the Dogecoin of ETF holdings, which guarantees a safe management of digital assets.

Meanwhile, the Bank of New York Mellon will supervise cash custody and administrative tasks, which gives more credibility to the proposal. These associations underline a growing convergence of traditional finance and cryptographic space.

Market observers have more and more hope about the possibilities of approval of the ETF.

Polymarket, a prediction platform, currently shows a 67% probability that the DEC Green Light to the product, while Bloomberg analysts are even more optimistic, estimating the probabilities by 75% before the end of the year . Dogecoin ETF approval probabilities according to Polymarket Despite this optimism, the secure of the SEC on the cryptocurrency ETF remains unpredictable, although the recent withdrawal of several cases, including the Kraken case, could indicate a regulatory change under President Donald Trump.

Together with the ETF Bitwise, the SEC is also reviewing the Grayscale Dogoin Trust, and a decision is expected by mid -October 2025.

The approval of any of the products could mark a turning point, transforming Dogecoin of a phenomenon driven by memes into a legitimate investment vehicle. However, until the SC intervenes, price oscillations are likely to persist, which will keep nerve investors.

In addition, Dogecoin ETFs are not the only Altcoin products that compete for regulatory approval. Nasdaq also recently submitted a request to include the Grayscale Hedera Trust, which would track the Hbar price, the native token of Hedera.

Simultaneously, the SEC is also evaluating ETF proposals for the main Altcoins such as Cardano, Solana, Polkadot, Litecoin and XRP.

This wave of presentations suggests that both memecoins and established altcoins are gaining a space in the regulated investment panorama, potentially expanding the attractiveness of cryptoactive.

Dogecoin’s price collapses despite the rumor about the ETF

Interestingly, the presentation has not protected Dogecoin from the current turbulence of the cryptocurrency market. The memecoin has lost more than 15% of its value, falling to $ 0.19 as the broader volatility of cryptocurrencies took its toll.

The volume of Dogecoin operations has also fallen by 16.80%, indicating a pause in market activity.

This fall, according to the broader collapse of the cryptocurrency market, erased the profits caused by the enthusiasm for the announcement of the Cryptocurrency Reserve of President Donald Trump, which emphasizes that the speculation about the ETFs alone is not enough to boost the price of Dogecoin in an unstable market.

Share-This-Article
Categories
Tags

[ad_2]

https%3A%2F%2Fcoinjournal.net%2Fes%2Fnoticias%2Fnyse-arca-presenta-oficialmente-el-etf-de-dogecoin-de-bitwise%2F

Grayscale requests a Polkadot ETF

[ad_1]

  • Grayscale has submitted an ETF application of Polkadot before the stock exchange and values ​​commission (SEC).
  • This is the last application of ETF in cash, and this on Polkadot adds to the presentation made by 21Shares earlier this month.

Grayscale Investments has submitted a request for a background quoted in the Polkadot Stock Exchange (DOT), the last of a series of Cryptocurrency ETF applications that the issuers have submitted in recent months.

Bloomberg ETF senior analyst Eric Balchunas, shared The news on X on February 25. With the market in general down as prices collapsed, the news of the Grayscale application for an ETF of Polkadot (DOT) did not have an immediate impact on the DOT price.

At the time of writing this article, the value of the Altcoin was around $ 4.44, a fall of more than 6% in the last 24 hours. However, the price of Polkadot had bounced slightly from the minimum of $ 4.15 seen above in the day.

Grayscale adds to the Packadot ETF Spot presentations

Grayscale is one of the digital asset managers that several cryptographic products have been aggressively launched.

Among his ETF Spot requests before the stock exchange and securities commission are the requests for the price and negotiation of the funds quoted in the Bolsa Litecoin, XRP, Cardano, Dogecoin and Solana.

Grayscale Polkadot Trust is the latest ETF Spot application. With the presentation of the proposed rule change by Nasdaq Market, the presentation of the ETF DOT adds to others that are already considering the approval of the SEC.

It is important to highlight that the SEC has recognized several of the 19B-4 forms, which starts this process towards the final approval or rejection. In particular, the 19B-4 presentation by Grayscale occurs a few weeks after the 21Shares asset manager requested a Polkadot ETF.

The 21Shares Polkadot Trust proposed by the company seeks to quote on the CBOE BZX stock market, with coinbase as custodian. Recently, Canary Capital presented 19B-4 for its ETF Spot Hbar. The presentation of the asset manager occurred a few days after modifying his presentation S-1.

According to Balchunas, the measure means that the SEC comments on the Hbar ETF. What this means is that Hbar and Litecoin have the “best probabilities” of being approved among Altcoin’s presentations, public The analyst in X.

Share-This-Article
Categories
Tags

[ad_2]

https%3A%2F%2Fcoinjournal.net%2Fes%2Fnoticias%2Fgrayscale-solicita-un-etf-de-polkadot%2F

Exit mobile version