vaneck_sol_etfs

According to CoinDesk, asset management firm VanEck has submitted an S-1 registration form to the Securities and Exchange Commission (SEC) for a Solana (SOL) exchange-traded fund (ETF). This move has led to a 6% increase in SOL's trading value, now standing at $148. This marks the first registration of a Solana ETF in the United States, coming just six days after a similar product was launched in Canada.The SEC had previously approved the first spot Bitcoin (BTC) ETF in February, and it seems an Ether (ETH) ETF may soon follow. Market analysts predict that ETH ETFs could attract $5 billion in net inflows within the first five months of their launch.VanEck had previously undergone a similar registration process when it initially filed for its Ether (ETH) ETF. This recent move indicates a growing interest in cryptocurrency ETFs, particularly those based on Solana, a high-performance blockchain platform.

Bitcoin ETFs saw a net inflow of $295 million on July 8th, the highest in 21 days
This suggests that institutional investors are buying the dip and remain bullish on Bitcoin's long-term potential. 🇺🇸
Here are some key takeaways from the report:
$BTC ETFs saw a net inflow of $295 million on July 8th.
This is the highest inflow in 21 days.
Institutional investors are buying the dip and remain bullish on Bitcoin.
This is a positive sign for the Bitcoin market and suggests that institutional investors are still interested in investing in Bitcoin, despite the recent price decline. 🤝
#BTC_Bounce_Back_to_57k #ETH_ETFs_Approval_Predictions #BinanceTurns7 #VanEck_SOL_ETFS

VanEck launched its first tokenized fund VBILL in partnership with Securitize, Solana, Ethereum, $BNB Chain, and Avalanche.
In a major move, VanEck tokenized fund VBILL has gone live on major blockchain networks such as Solana, Ethereum, BNB Chain, and Avalanche.

The multi-chain launch milestone was achieved through a partnership with Securitize, a leading tokenization platform.


VanEck Treasury Fund VBILL provides investors with real-time access to U.S. Treasury-backed assets with enhanced security and transparency.
"By bringing US Treasuries on-chain, we are providing investors with a secure, transparent, and liquid tool for cash management, further integrating digital assets into mainstream financial markets," said Kyle D'Cruz, director of digital assets at VanEck.
VanEck Launches VBILL on Solana, Ethereum, BNB Chain, Avalanche
In a recent press release, VanEck announced the launch of its first tokenized fund (VBILL) on multiple blockchain networks.

Leveraging the potential of blockchain, the asset manager plans to revolutionize investment access and flexibility in the short-term U.S. Treasury sector.
According to reports, the VanEck tokenized fund is now live on Avalanche, BNB Chain, Ethereum, and Solana. Wormhole’s cross-chain interoperability enables seamless and secure token transfers between these networks.


By combining Securitize's services such as tokenization, fund administration, transfer agency, and broker-dealer capabilities, VBILL is expected to increase market access, liquidity, and operational efficiency for investors.

DaCruz quoted, “Tokenized funds like VBILL are increasing market liquidity and efficiency, demonstrating our commitment to delivering value to our investors.”
It's worth noting that VanEck's VBILL launch on the BNB chain coincides with the growing BNB ETF craze. Recently, the asset manager filed an S-1 form to launch its first-ever BNB ETF.


VBILL to Drive Innovation Through Tokenization
Specifically, the VanEck crypto fund is poised to revolutionize the tokenization of real-world assets, offering improved liquidity and accessibility.

In an X post, Securitize wrote, "VBILL is a blockchain-native alternative to money market funds:
This US Treasury-backed fund unlocks 24/7 liquidity, real-time settlement, and institutional-grade infrastructure. A milestone in bringing real-world assets on-chain."
Further, commenting on the collaboration with VanEk, Carlos Domingo, co-founder of Securitize added,
The collaboration combines Securitize's best-in-class fully integrated tokenization model with VanEck's deep asset management expertise. Together with VBILL, our joint efforts demonstrate the potential of tokenization to create new market opportunities with the speed, transparency and programmability of blockchain technology.
Notably, this development comes amid the US SEC's growing discussions on tokenization.

#TOKENIZED #VanEck_SOL_ETFS #CryptoNewss #Market_Update #MarketSentimentToday

In a stunning revelation, Brandon Biggs, a Christian prophet known for his accurate predictions, has set the crypto world abuzz with his forecast for XRP. Drawing from a divine message, Biggs confidently claims that Ripple's cryptocurrency is destined to reach a staggering $10,000 per coin.
🌟 Don't miss out on timely updates and market news! Follow our fastest-growing channel for the latest insights and updates. Stay informed with us! 📈
The Prophet's Vision
Brandon Biggs, recognized for predicting notable events such as an assassination attempt on former President Donald Trump, recently shared his vision for XRP's future. He revealed in a video that he was directed by God to foresee a major financial asset's exponential growth akin to industry giants like Amazon and Apple. This divine guidance led him to Ripple's XRP, where he boldly proclaimed its future value.
From Revelation to Reality
Biggs emphasized that his revelation shouldn't serve as financial advice but rather as a spiritual insight. Despite his prediction, he disclosed owning only a small amount of cryptocurrency, purchased years ago on Coinbase.
Market Reaction and Speculation
Amidst XRP's current market value of $0.5927, crypto enthusiasts speculate on its potential for a historic breakout following recent price surges. Analysts and traders alike are intrigued by technical patterns suggesting significant upside potential for XRP, with predictions of a new all-time high this cycle.
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The intriguing prophecy by Brandon Biggs has not only captivated believers but also sparked curiosity within the cryptocurrency community, highlighting the intersection of faith and finance in the digital age.
What's your thoughts on this ?
#Xrp🔥🔥 #Bitcoin_Coneference_2024 #VanEck_SOL_ETFS #cryptokick
$XRP