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bitcoin
Bitcoin (BTC) $ 95,209.51
ethereum
Ethereum (ETH) $ 3,280.93
tether
Tether (USDT) $ 0.998725
bnb
BNB (BNB) $ 648.81
usd-coin
USDC (USDC) $ 0.999809
xrp
XRP (XRP) $ 2.21
binance-usd
BUSD (BUSD) $ 0.973249
dogecoin
Dogecoin (DOGE) $ 0.312864
cardano
Cardano (ADA) $ 0.885013
solana
Solana (SOL) $ 180.61
matic-network
Polygon (MATIC) $ 0.473109
polkadot
Polkadot (DOT) $ 6.85
tron
TRON (TRX) $ 0.244289
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    Solana Dips 7.5% After BlackRock Guidelines Out Rapid ETF Launch

    Latest News

    Solana ETF Dreams Deferred: BlackRock's Stance Disappoints Investors

    • Solana plunged 7.5% within the final 24 hours amid “No ETF” feedback.
    • BlackRock’s CIO stated the agency is not going to launch a Solana ETF quickly.
    • SOL returned beneath $190, exhibiting indicators of a pattern reversal.

    Solana (SOL) reversed its uptrend within the final 24 hours after BlackRock, the main American multinational funding firm, confirmed it is not going to launch a Solana exchange-traded fund (ETF) within the close to future. BlackRock’s CIO of ETF and Index Investments, Samara Cohen, confirmed this throughout a Bloomberg interview on July 29.

    Cohen famous her firm’s present lack of curiosity in a Solana ETF, regardless of projecting a rise within the allocation of crypto ETFs in mannequin portfolios by the tip of this yr and into 2025.

    Notably, Cohen’s feedback triggered a selloff within the Solana market, which noticed the surging crypto halt its upward motion and instantly reverse. SO…

    The publish Solana Dips 7.5% After BlackRock Guidelines Out Rapid ETF Launch appeared first on Coin Version.

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