The U.S. Securities and Exchange Commission (SEC) has extended the deadline for making decisions on multiple proposals for Solana-based exchange-traded funds (ETFs). The agency stated that it needs more time to review the legal and policy issues related to applications from 21Shares, Bitwise, VanEck, and Canary Capital. However, these delays do not indicate whether the regulators will approve or reject these funds. What impact will this move have on the cryptocurrency market?
#Exchange ETH Supply Drops Over the past month, over 1 million ETH have been withdrawn from centralized exchanges, representing roughly 5.5% of the total ETH held on these platforms. This pattern indicates that users are increasingly opting to hold onto their Ethereum rather than trading it. The recent Pectra upgrade, launched on May 7, could further reinforce this trend, potentially exerting upward pressure on Ethereum’s price. What do you think about this?
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VinitS
· 05-21 05:35
Can US manipulate crypto market?
if Yes, then what about retail or small investors?
how can they save their investment?
#SEC Delays Solana ETF Application
The U.S. Securities and Exchange Commission (SEC) has extended the deadline for making decisions on multiple proposals for Solana-based exchange-traded funds (ETFs). The agency stated that it needs more time to review the legal and policy issues related to applications from 21Shares, Bitwise, VanEck, and Canary Capital. However, these delays do not indicate whether the regulators will approve or reject these funds. What impact will this move have on the cryptocurrency market?
#Exchange ETH Supply Drops
Over the past month, over 1 million ETH have been withdrawn from centralized exchanges, representing roughly 5.5% of the total ETH held on these platforms. This pattern indicates that users are increasingly opting to hold onto their Ethereum rather than trading it. The recent Pectra upgrade, launched on May 7, could further reinforce this trend, potentially exerting upward pressure on Ethereum’s price. What do you think about this?
Post using the topics above to share your insights and trading strategies — earn community growth points with every daily post!
📌 Post daily to earn 100 Growth Points and unlock exclusive benefits like highlighted comments, profile decorations, and access to the Monthly Growth Points Lucky Draw!
🎁 Prizes include a MacBook Air, exclusive merch, trending tokens, and more!
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