Three funds quoted in Solana exchange (ETF) List in the USA. UU. They have silent $ 78 million during the past month, reflecting the growing interest in investment products backed by Altcoin despite the huge domain of Bitcoins
and ether in ETF markets.
The Solana Rex-Osprey Sol + ETF in bets (SSK)which was launched on July 2, has already attracted more than $ 41 million in assets under administration, according to Bloomberg Intelligence. Meanwhile, ETF solana leveraged with volatility actions (Solt) has accumulated $ 69 million to date, and its regular ETF solar (Solz) It has $ 23 million.
“Everything is much smaller than BTC or ETH, but many green numbers = well,” wrote ETF senior from Bloomberg Intelligence Eric Balchunas in a publication about X.
Tickets occur when several asset administrators prepare for what they expect to be the next important approval of the ETF Crypto ETF: a Spot Solana fund that includes rethinking rethinks. While the US stock and values commission. UU. (SECOND) It still has to approve this product, industry analysts are increasingly optimistic.
Earlier this week, Coindesk reported that the SEC asked the Issuers Re-Archiva the key documents by the end of July, indicating a potentially faster timeline than the October deadline originally planned.
If so, Solana
It would join Bitcoin and Ether as one of the few cryptocurrencies available for US investors through ETF Spot. The Bitcoin ETFs, launched in January, have attracted almost $ 50 billion in capital, transforming the digital asset market and placing the Blackrock Ishares Bitcoin Trust from Blackrock (Ibit) Among the main income generation funds of any kind. Ibit only now has 700,000 BTC.
The ETFs of Ethereum, which were approved more recently, have obtained around $ 4.5 billion so far.
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