Tag: presents

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

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  • 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.

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

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  • 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.

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Nyse Arca officially presents the Bitwise Dogecoin ETF

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  • 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.

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