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Solana’s first ETF goes live as crypto analysts predict surge of new altcoin funds

From finance.yahoo.com

First Bitcoin, then Ethereum, and now Solana. The crypto industry is flooding traditional markets with assets pegged to cryptocurrencies that mom-and-pop investors can buy up from their brokerage accounts. On Wednesday morning, the first Solana exchange-traded fund, or ETF, went live on Cboe BZX, a stock exchange based in Chicago. Dubbed the REX-Osprey SOL and Staking ETF, the fund is available to investors who want exposure to Solana, one of the top cryptocurrencies whose market capitalization is about $81 billion, according to data from Binance. In addition to tracking the price of Solana, the fund, managed jointly ... (full story)

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  • Category: Fundamental Analysis