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Grayscale Moves To Launch Spot Litecoin And Solana ETF – Details

Bitcoinist LogoBitcoinist1d ago

Grayscale Moves To Launch Spot Litecoin And Solana ETF – Details - Bitcoinist

Quick Summary:

Grayscale Investments has filed for a Solana ETF with the New York Stock Exchange (NYSE), reflecting a growing wave of pro-crypto regulations under President Donald Trump.  Proposed Solana ETF By Grayscale According to the NYSE’s official posting of the 19b-4 Form, the proposed Trust is the largest Solana investment fund globally, boasting approximately $134.

This figure represents about 0.1% of all Solana (SOL) in circulation.

With Grayscale’s recent application for a Solana ETF, the price of SOL experienced a notable surge of 3.5%, reclaiming the $258 mark.


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Article Details

Author / Journalist: Ronaldo Marquez

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-24 @ 22:23:14 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 316 words

Reading Time: 2 minutes read

Sentences: 25 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 25411834

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About Bitcoinist

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Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 11 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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