Coinatory

ARK Invest Adds Staked Solana Exposure to Two Tech-Focused ETFs ARK Invest has expanded its cryptocurrency exposure by adding staked Solana (SOL) holdings to two of its flagship exchange-traded funds (ETFs). In a client communication reviewed by Cointelegraph, the asset manager confirmed the move, leveraging Canada’s recently approved staking framework for crypto funds. Effective April 21, ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF) now hold shares of 3iQ’s Solana Staking... Coinatory cryptonews

Fidelity’s Pursuit of Solana ETF Approval Marks Institutional Shift In order to list and trade shares of the Fidelity Solana Fund, a proposed exchange-traded fund (ETF) intended to follow the performance of Solana (SOL), the Cboe BZX Exchange has formally filed a 19b-4 filing with the U.S. Securities and Exchange Commission (SEC). With this action, Fidelity Investments enters the growing market for cryptocurrency exchange-traded funds (ETFs), focusing on Solana, the sixth-largest cryptocurrency by market capital... Fidelity’s Pursuit of Solana ETF Approval Marks Institutional Shift

Taurus Expands Digital Asset Custody and Tokenization with Solana Integration On the Solana blockchain, Taurus, a digital asset company supported by Deutsche Bank, has formally introduced Taurus-CAPITAL, an enterprise-grade custody and tokenization platform. By making this calculated decision, banks and other financial organizations may use Solana's fast, affordable infrastructure to store, manage, and issue digital assets. Taurus-CAPITAL, which enables the issuance of programmable tokenized assets, and Taurus-PROTECT,... Coinatory news

Franklin Templeton Joins Race for Solana Spot ETF The $1.5 trillion asset management company Franklin Templeton has formally entered the competition to introduce a Solana spot exchange-traded fund (ETF). The company announced its intention to launch a Solana-focused exchange-traded fund (ETF) in the U.S. market on February 11 by submitting registration documents for the Franklin Solana Trust in Delaware. With this action, Franklin Templeton joins a number of other financial behemoths that are v... crypto news

Solana Price Forecast: VanEck Predicts $520 Target by 2025 According to asset management company VanEck, the price of Solana (SOL) may more than double to $520 by the end of 2025. According to the company's most recent projection, the growth of the U.S. M2 money supply and Solana's growing market dominance in the smart contract platform (SCP) arena are responsible for this possible spike. In a recent post on X (formerly Twitter), VanEck's head of digital assets research, Matthew Sigel, and crypto res... crypto news

Coinbase to List Solana Futures Amid Growing Crypto Demand In order to list Solana (SOL) futures contracts on Coinbase Derivatives, its subsidiary trading platform, Coinbase has applied for self-certification. The action, which will provide traders access to cash-settled Solana futures beginning February 18, 2025, represents a major expansion in the cryptocurrency derivatives market. The Solana futures contracts will be offered in two sizes: normal contracts representing 100 SOL (currently priced at ... cryptonews today

Burwick Law Founder Criticizes Pump.fun as Exploitative, Lawsuit Underway Burwick Law's founder, Max Burwick, accuses Pump.fun of taking advantage of investors, calling it "the evolution of MLM scams," and he has a lawsuit ready. Max Burwick, the founder and attorney of Burwick Law, called Pump.fun and related websites exploitative and described them as "the ultimate evolution of multi-level marketing scams" on January 15. According to Burwick, these initiatives take advantage of unsuspecting investors by using the... Coinatory cryptocurrencies news

Solana ETFs Hit SEC Roadblocks Amid Administrative Shifts Administrative changes and regulatory uncertainty have caused major delays in the process of getting Solana exchange-traded funds (ETFs) approved in the United States. The Securities and Exchange Commission (SEC) has notified a number of Solana ETF issuers of a suspension on new bitcoin ETF applications, according to a report by Eleanor Terrett of Fox Business, which cited insider sources. Issuers VanEck, 21Shares, Bitwise, Canary Capital, an... Coinatory cryptonews

Brazilian SEC Approves First Solana ETF Pending Stock Exchange Nod The Brazilian Securities and Exchange Commission (CVM) has approved the country’s inaugural Solana exchange-traded fund (ETF). According to Brazilian news outlet Exame, this Solana ETF, which will be developed by QR Asset Management and operated by Vortx, will utilize CF Benchmarks' Solana Dollar Reference Rate Index as its benchmark. Despite regulatory approval, the launch of the Solana ETF is contingent upon authorization from the Brazilian... Coinatory crypto news