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news-imageJuly 26, 2024

BlackRock Casts Doubt On SEC Approval For Spot XRP, Solana, And SHIB ETFs — Here's Why

Despite the successful launch of spot Ethereum (ETH) exchange-traded funds (ETFs) this week, hopes for the possible advent of other altcoin ETFs seem far-fetched. This is after an executive at the world's largest asset management firm, BlackRock, indicated that the Ether ETFs are unlikely to open the door to highly regulated funds that track the prices of other altcoins such as Solana's SOL, Ripple's XRP, or Shiba Inu (SHIB).
Publisher: Zycrypto
Sentiment: Negative
SHIB
SOL

More News Articles

Negative
cover-imageBitcoinist
September 8, 2024

Ripple's Legal Battle With SEC Continues – Here Are The Facts

The long-running legal battle between Ripple and the US Securities and Exchange Commission (SEC) has yet to be concluded despite Judge Analisa Torres' August 7 ruling, which appeared to have ended the case. This follows a recent development showing that the SEC is still considering appealing the court's ruling.

Negative
cover-imageBitcoin
September 7, 2024

Kamala Harris Gains Ripple Co-Founder Chris Larsen's Endorsement

Eighty-eight business leaders, including Ripple co-founder Chris Larsen, have endorsed Vice President Kamala Harris for president, in a new letter shared by CNBC on Friday. Some crypto investors are puzzled by Larsen's move, given the Biden administration's stringent regulatory stance on cryptocurrency and its ongoing lawsuit against Ripple. The U.S.

Neutral
cover-imageThe Currency Analytics
September 7, 2024

Ripple Requests Stay on $125 Million SEC Judgment Amidst Potential Appeal

In a recent court filing with the U.S. District Court for the Southern District of New York, Ripple Labs has asked for a stay on the payment of $125 million to the SEC. The company's legal team proposed that the payment be postponed until 30 days after the end of the appeal period or until a potential appeal is resolved.

Negative
cover-imageThe Daily Hodl
September 7, 2024

Trader Forecasts 20% Bitcoin Fall, Updates Outlook on Solana Rival That ‘Still Looks Good' and One More Altcoin

A widely followed cryptocurrency analyst and trader is leaning bearish on Bitcoin (BTC) while offering his opinion on two altcoins. Starting with Bitcoin, the analyst pseudonymously known as Sherpa tells his 222,600 followers on the social media platform X that Bitcoin is headed to a price of $45,000, around 20% below the current level.

Negative
cover-imageUToday
September 7, 2024

Solana (SOL) Might Drop to $90, per This Market Prediction

Solana (SOL), the fifth largest cryptocurrency by market capitalization, may be on the verge of a significant price correction, according to a recent market prediction. Ali Martinez, a crypto analyst, has highlighted a potential bearish scenario for SOL, which could trigger a substantial drop to as low as $90.

Positive
cover-imageThe Currency Analytics
September 7, 2024

Solana (SOL) Poised for Major Rebound as Key Buy Signal Emerges

Solana (SOL) has recently captured the attention of crypto traders as a significant buy signal has emerged, signaling a potential price rebound. After enduring a challenging phase in the broader cryptocurrency market, where many coins struggled to find upward momentum, Solana is showing signs of a comeback.

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