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$ETH Ethereum is currently trading at $3,426, maintaining its position as the second-largest cryptocurrency with a market cap of $408 billion. A slight price decline has occurred within the last 24 hours. The 19b-4 proposal by NYSA Arca for Bitwise’s Ethereum ETP indicates a growing interest in Ethereum-based financial products. This situation suggests an increase in institutional interest in the Ethereum market. Additionally, Buterin recently purchased ANON tokens from Anoncast and shared anonymously on his Farcaster account. This demonstrates Buterin’s ongoing active role in the crypto ecosystem. Known for his support of ethical and regulatory clarity in blockchain,Buterin continues to contribute to the development of the cryptocurrency ecosystem. His actions highlight the importance of ethical approaches and policy development processes in the crypto space.

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Bitwise registers Solana ETF in US state Delaware Bitwise would be competing with fellow asset managers VanEck and Canary Capital for an SEC-approved spot Solana ETF. Digital asset management firm Bitwise has$XRP registered a statutory trust for a proposed spot Solana exchange-traded fund (ETF) in Delaware — indicating that it may soon file for an S-1 registration statement with the United States securities regulator. The Bitwise Solana SOL tickers down $241.46 ETF was incorporated on Nov. 20, according to the State of Delaware’s Division of Corporations website. The registered agent was listed as CSC Delaware Trust Company, which is headquartered in Wilmington, Delaware. Bitwise would still need to submit a 19b-4 filing and S-1 registration statement to the US Securities and Exchange Commission to officially put its name in the race with VanEck and Canary Capital. On Oct. 1, Bitwise filed to register a spot XRP XRP tickers down $1.10 ETF in Delaware and then submitted its S-1 form to the US securities regulator the very next day. If approved, the Bitwise Solana ETF would seek to track the price movement of the world’s fourth-largest cryptocurrency. The filing didn’t state which stock exchange would list the Solana product — however, the Bitwise Bitcoin ETF and Bitwise Ethereum ETF are both listed on the New York Stock Exchange Arca. A proposed ticker wasn’t listed for Bitwise’s Solana ETF either. VanEck’s Head of Digital Asset Research Matthew Sigel expects the odds of a US-approved spot Solana ETF will be “overwhelmingly high” by 2025’s end. Part of Sigel’s rationale was based on a more crypto-friendly regulatory environment under the Trump administration, which enters office on Jan. 20. Many industry pundits expect inflows into approved spot Solana ETF would be small relative to what’s been seen with the Bitcoin BTC tickers down $97,264 and Ether ETH tickers down $3,126.91 ETFs. Related: US regulators mull approving Grayscale crypto index ETF Solana has been one of the top performers this bull cycle, increasing 2360% to $236.91, CoinGecko data shows. However, Solana was one of the worst performers in the bear cycle when compared to other large-cap coins, and it still hasn’t set a new all-time high this cycle. It comes as the Securities and Exchange Commission delayed its decision to approve the Franklin Templeton Crypto Index ETF until early 2025. Asset managers have also submitted filings for spot Litecoin LTC tickers down $89.99 ETFs

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The SEC has officially approved the eco-focused 7RCC Bitcoin ETF to be listed on NYSE Arca. This is a pretty exciting development, as it marks the first Bitcoin ETF with a unique twist. it’s got 80% of its holdings in Bitcoin and 20% in Carbon Credit Futures. It’s a blend of the digital asset boom and a focus on sustainability, which is definitely catching some attention. The eco angle is getting more and more popular, especially as people in the crypto space begin thinking about how to make things more environmentally friendly. With the 7RCC Bitcoin ETF, they’re combining Bitcoin exposure with carbon credits, making it an interesting choice for investors who want to support both digital assets and eco-friendly initiatives. This move also lines up well with the recent support from the CFTC (Commodity Futures Trading Commission) for spot Bitcoin options trading, which is a positive sign for the crypto market as a whole. With the SEC now backing this Bitcoin ETF, we’re seeing more acceptance of crypto-focused investment products, especially those that tie into broader trends like sustainability. If you’ve been watching the Bitcoin ETF scene, this is one to keep an eye on. It’s got the potential to attract a whole new group of investors who are looking for a greener way to get exposure to Bitcoin. Could this be the start of a new trend in the ETF world? It’ll be interesting to see how this plays out in the months ahead! $BTC