Sunday , December 22 2024
Home / Tag Archives: solana (page 8)

Tag Archives: solana

Short Bitcoin ETFs Take a Hit With $1.9M in Outflows: Are Bears Losing Their Grip?

Investment in digital asset products continued to rise, with inflows reaching $1.35 billion last week, totaling $3.2 billion over the past three weeks. Trading volumes for Exchange Traded Products (ETPs) also saw a significant increase, up 45% week-over-week to $12.9 billion. However, this accounted for a lower-than-usual 22% of the overall crypto market volumes. Bitcoin Sees Inflows Amid Strong Market Sentiment According to the latest edition of CoinShares’ Digital Asset...

Read More »

DeFi Technologies (DEFTF) Buys Another $6 Million in Bitcoin, Doubles BTC Holdings

DeFi Technologies (DEFTF) – a rising Canadian fintech company – has acquired another large batch of Bitcoin (BTC) after making the asset a core part of its treasury strategy last month. The company announced Thursday that it had purchased another 94.34 BTC for its balance sheet, adding to the 110 BTC it first acquired in June. The firm also announced an expansion into altcoins, purchasing 12,775 SOL tokens and 1,484,148 CORE tokens for the first time. DeFi Technologies’...

Read More »

Deadline Speculations for a Solana ETF Ramp Up: Analysts Predict Mid-March Timeline

Analysts say that Solana ETFs are expected to have a final decision deadline around mid-March 2025. This follows the Chicago Board Options Exchange (CBOE) filing applications on Monday to list VanEck and 21Shares’ proposed ETFs. Mid-March Decision Deadline Bloomberg ETF analyst Eric Balchunas noted that Solana ETFs are expected to have a final deadline of mid-March 2025. However, he emphasized that November is the most significant date in the interim. Looks like Solana ETFs...

Read More »