opinion

North America's first SOL ETF? A closed-end fund....

Bloomberg ETF analyst James Seyffart writes in his X that "the 'first North American solana (SOL) exchange-traded fund (ETF)' announced by digital asset investment fund manager 3iQ in a press release on Tuesday is actually more of a closed-end fund (CEF). It is similar in nature to many of Grayscale's cryptocurrency trust products."

Another Bloomberg analyst, Eric Balchunas, said, "It's gone from big to trivial. I personally hate it when issuers play around with the words 'ETP' or 'ETF'. If there is no daily process of creation or redemption, then the product cannot be called an ETF or ETP."

Michael Saylor "BTC to rise to $10 million"

Michael Saylor, founder of MicroStrategy, which holds the most Bitcoin by a single company, said in a YouTube podcast that "Bitcoin will go to $10 million". "BTC is the perfect money, it's economically immortal. Economics is a quasi-religious humanities discipline, full of people's

blockchain cryptocurrency crypto ethereum etf expected to be approved within the next week (spoted crpyto)

Ethereum ETF expected to be approved within the next week, some analysts believe it will be more impactful than BTC ETF

"Six weeks ago, an ETH spot ETF was a false hope, but there's a good chance it will be approved in the next week or so," Nate Geraci, CEO of US ETF specialist ETF Store, told X. Meanwhile, Andrew Kang, co-founder of crypto investment firm Mechanism

blockchain crypto cryptocurrency arthur hayes increased us dollar supply (SpotedCrypto)

Arthur Hayes: "Increased US Dollar Supply Inevitable, Crypto Bull Market Inevitable"

Arthur Hayes, co-founder of BitMEX, wrote on his Medium blog, "Increasing the supply of US dollars is inevitable if the corrupt global financial system based on the Pax Americana (world peace led by the US) dollar is to be maintained. This is just one more pillar of support for

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