On June 27, according to the SEC's official website, VanEck submitted an application for Solana Trust. VanEck Solana Trust is an ETF, the first Solana ETF applied for in the United States. After the Bitcoin ETF and Ethereum ETF were approved this year, people have been discussing the next crypto ETF, and most people are optimistic about the SOL ETF. How likely is it that Solana (SOL) will get its own ETF first after Ethereum (ETH) got its ETF?When Ethereum announced its ETF, it saw an inflow of over $70 billion in one day, which is roughly equivalent to Solana's entire market cap.If Solana were to get its own ETF, do you think we could see a similar effect?Ebunker co-founder...
"Once the Fed makes a move, we know whether it will work or not." This market saying has been confirmed again in the recent cryptocurrency market. After the Fed's latest interest rate decision was announced, the Bitcoin ETF suffered the largest outflow of funds since March, up to $621 million, which triggered widespread market concerns about the future trend of cryptocurrencies. The core conflict of this incident is that the Fed's hawkish stance runs counter to the crypto market's expectations for loose monetary policy. Although Fed Chairman Powell did not explicitly state in his speech that he would continue to raise interest rates, the signal of maintaining high interest rates is still strong. This news is like a basin of...
In life, there is a mysterious battlefield, where there is no smoke, but the smell of money is everywhere. That is the stock market, a capital game field full of temptation and risk. Every day, countless investors fight in it, hoping to get a share of it. But are stocks really just a simple tool for making money? Why Lululemon stock down 41% YTD ? 1. The capital drama behind stocks Stocks are just a kind of ownership certificate issued by companies to raise funds. But behind this certificate, there are countless stories and games. Major shareholders, institutional investors, retail investors, and all kinds of people compete in the stock market. Who can laugh to the end is often not...
Antiques in prosperous times, gold in troubled times. In the inherent concept of the world, gold is synonymous with absolute value. However, the author believes that gold will be worthless in the future! Why do you say that? First of all, we need to understand gold first, because gold has the characteristics of low melting point, low hardness and extremely strong stability. In the ancient society with weak production and processing capabilities, compared with other common metals, it deservedly became the top material in the precious metal currency of ancient society because of its large reserves and easy processing.Gold can be said to be a very special existence in human society.Humans have used gold as burial objects since 6,000 years...
They say LA is a “pay to play” city. Well I’m on a budget! Any free shows and activities to experience this city? Life is getting more expensive by the day, What are your favorite free things to do in LA? One of my favorite things to do is picking a random hike/walk, the opportunities are endless. And I’ve found some gems within LA, like Kenneth Hahn or the Bluff Creek Trail, and they tend to be a little less crowded. Hope The following guide is funny and knowledgeable. (1)The Getty Center in Los Angeles is an astounding place to spend a day marveling at world-class art and relaxing in beautifully manicured gardens. Take the tram up to this lavish postmodern complex, which...
