JPMorgan is tempering expectations for the upcoming Solana ETFs, predicting they will attract a relatively paltry $1.5 billion in their first year—a fraction of the inflows seen for spot Bitcoin and Ethereum funds.
Grayscale has activated staking for its entire suite of smart contract platform funds.
Spot Ethereum ETFs faced a historic exodus last week, recording their largest weekly outflow since launching.
The journey for spot Solana ETFs appears to be mirroring the successful path of their Ethereum counterparts.
The race to launch multi-crypto ETFs has officially begun, with Hashdex making the first move by adding XRP and Solana to its existing fund.
The path to altcoin ETFs is shaping up to be a story of bold gambits and regulatory patience. Asset manager Bitwise exemplifies the former, filing a prospectus for the first-ever Hyperliquid ETF.
Market-making giant GSR has filed plans for a novel ETF that would track public companies holding digital assets in their corporate treasuries.
