Only1 narxLIKE

Two Solana futures ETFs from Volatility Shares have been listed on the Depository Trust & Clearing Corporation (DTCC). These ETFs offer 1x and 2x leveraged exposure to Solana futures contracts, giving investors new ways to engage with Solana’s market performance. This is just the latest development in the cryptocurrency market that could indicate considerable progress toward the approval of both Solana spot ETFs and XRP futures ETFs. Last week, asset management firm Franklin Templeton filed for a spot Solana ETF, seeking to track the cryptocurrency’s spot price. The proposed ETF is set to be listed on the Cboe BZX Exchange, with Coinbase acting as the custodian for Solana holdings. As for XRP, the US Securities and Exchange Commission (SEC) has begun reviewing applications for XRP ETFs, signaling potential advancements in this area. Some analysts, like James Seyffart and Eric Balchunas, estimate a 65% approval probability for these ETFs, which is a very positive outlook. Then, Brazil’s securities regulator approved the Hashdex Nasdaq XRP Fund, marking the world’s first spot XRP ETF. Related: Garlinghouse: XRP, Solana, Cardano ETFs ‘Inevitable’ Following Ether Approval This is expected by some to increase the institutional use of XRP and potentially reshape international regulatory views on crypto investments. The listing of two Solana futures ETFs sets a precedent for the eventual approval of a Solana spot ETF. Futures ETFs provide a regulated financial product for investors who may not want to hold the underlying asset directly, and this would position Solana alongside Bitcoin and Ethereum, which already have both futures and spot ETFs in the US. In addition, both Bitcoin and Ethereum had futures ETFs approved before their spot ETFs, and this pattern could apply to Solana as well. Related: XRP, Solana ETFs: US Elections Fuel Speculative ‘Trump Call’ Although, it’s worth noting that Solana has a notably smaller market cap at $72.45 billion compared to Ethereum’s $267.69 billion. This can also play a role in how fast that spot ETF approval happens. So far, Solana is following Ethereum’s ETF approval roadmap, but it still has some regulatory hurdles before reaching the finish line. As for XRP, its futures would be a welcome addition to the crypto market. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Feeling like we are in July 2021 rn

Uniswap, one of the leading decentralized exchanges (DEXs) with $4.2 billion in total value locked (TVL), announced that it has taken a major step toward bridging the gap between traditional finance and decentralized finance (DeFi). Turn your crypto into cash with Uniswap wallet 👀 Fiat offramping is now live, making it easier than ever to move between crypto and cash No extra steps. No hassle. pic.twitter.com/mIL5ZtFLPD — Uniswap Labs 🦄 (@Uniswap) February 27, 2025 Through partnerships with MoonPay, Robinhood, and Transak, Uniswap has introduced fiat off-ramps, allowing users to convert their crypto into fiat currency. This new feature improves accessibility for users across 180+ countries, making crypto-to-bank transfers more convenient. According to Uniswap’s press release , the Uniswap Wallet now supports this off-ramp feature on Android and iOS, with plans to expand it soon to the Uniswap web app and browser extension. This means users will soon be able to off-ramp anytime, anywhere, offering a more seamless and decentralized cash-out experience. Uniswap’s new fiat off-ramp feature simplifies the process of converting crypto to cash by allowing users to turn supported tokens into fiat, select from multiple service providers, and deposit funds directly into their bank accounts in their local currency. By integrating with platforms like MoonPay, Robinhood, and Transak, Uniswap ensures a seamless, fast, and secure transition between crypto and traditional finance, eliminating the need for centralized exchanges. For years, DeFi users have struggled with off-ramping crypto, often relying on centralized exchanges (CEXs) to convert their assets into fiat. This reliance on third-party platforms not only increased risks but also contradicted DeFi’s core decentralization principles. Now, Uniswap’s new off-ramp feature removes the need for CEXs, giving users a direct, decentralized, and secure way to cash out. This launch comes shortly after the Securities and Exchange Commission (SEC) dropped its investigation into Uniswap, confirming that it won’t pursue any enforcement action against the firm. The investigation, which began in April 2024 under SEC Chair Gary Gensler, alleged that Uniswap Labs operated as an unregistered broker, exchange, and clearing agency while also issuing unregistered securities. The decision to close the probe signals a positive shift in regulatory clarity, easing concerns about future legal risks for Uniswap. Additionally, the SEC also dropped its investigation into Robinhood’s crypto division, further suggesting less regulatory pressure on crypto firms under Donald Trump’s administration. Uniswap’s v4 launch in late January has further boosted optimism in the DeFi space. The upgrade introduces efficiency improvements and cost-saving measures, including Hooks for custom code execution, dynamic fees, gas savings, and flash trading. Despite these positive developments, Uniswap’s native token, UNI, has struggled amid market volatility. As of now, UNI is trading at $7.13, reflecting a 12.55% drop in the last 24 hours and a 23.17% decline over the past week. However, trading volume has increased by 2.43%, reaching $263 million, while market capitalization has dropped 12.53% to $4.28 billion.

ETF outflows have been declining from their peak on Tuesday and flipped positive yesterday for the first time this week. It seems like the ETF capitulation is over for now.

I have noticed that, although this account has 5284 followers, I am not receiving 5284 likes on my posts. I'm not sure if this is being done intentionally or if these "friends" are forgetting to click 'like'. Either way, I've had enough. I have compiled a spreadsheet of individuals who have "forgotten" to like my most recent posts. After 2 consecutive strikes, your name is automatically highlighted (shown in red) and I am immediately notified. 3 consecutive strikes and you can expect a straight ban. Think about your actions. MOAS.