Authorities question whether the SEC will approve the four Solana ETF applications by the initial deadline of January 25. They are counting on a postponement, moving the verdict closer to the second deadline on March 11.
Prior to the authorization of Bitcoin and Ethereum ETFs, futures exchanges for both existed on the Chicago Mercantile Exchange. Nevertheless, Solana lacks a futures market regulated within the US.
In addition to Solana, Bitwise, Canary, and 21Shares have additionally submitted applications for XRP ETFs.
However, this regulation might be altered once Atkins assumes their position.
In the prior December, Eric Balchunas and James Seyffart, analysts from Bloomberg Intelligence ETF, forecasted a “crypto ETF surge” during 2025.
“We anticipate that the criteria for greenlighting novel crypto ETFs will lessen in the upcoming months, and we foresee SOL and XRP ETFs gaining approval in 2025,” Hindi stated.
## Market Trends in Cryptocurrency
* Bitcoin has increased by 1.7% over the last day, currently trading at $93,514.
* Ethereum has decreased by 0.2%, with a current trading price of $3,244.
## What We Are Reading
* Bitcoin Drops Under $93,000 Due to Trump’s Worries – Experts Discuss Potential Rebound Timing ― *DL News*
* Bitcoin Declines for the Third Consecutive Day, Eliminating Yearly Gains ― *Unchained*
* What Transpired Precisely Yesterday? ― *Milk Road*
* Summer Mersinger, Advocate for Crypto, Now a Leading Candidate for CFTC Chair Position ― *Unchained*
* Which Individuals Will Trump Select for CFTC Chair? Six Leading Candidates Presented ― *DL News*
*Tim Craig serves as a DeFi correspondent located in Edinburgh for DL News. Reach out to him with any suggestions at* *[email protected]*. Toncoin (TON) Value Forecast for March 26th
