{"id":15400,"date":"2024-07-22T11:51:00","date_gmt":"2024-07-22T08:51:00","guid":{"rendered":"https:\/\/forklog.com\/en\/expert-predicts-launch-of-etf-based-on-btc-eth-and-sol-basket\/"},"modified":"2024-07-22T11:51:00","modified_gmt":"2024-07-22T08:51:00","slug":"expert-predicts-launch-of-etf-based-on-btc-eth-and-sol-basket","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/expert-predicts-launch-of-etf-based-on-btc-eth-and-sol-basket\/","title":{"rendered":"Expert Predicts Launch of ETF Based on BTC, ETH, and SOL Basket"},"content":{"rendered":"<p>Applications for ETFs combining Bitcoin, Ethereum, and Solana are expected to emerge in the coming months, according to Nate Geraci, president of The ETF Store.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Prediction\u2026<\/p>\n<p>An ETF issuer will file for combined spot btc, eth, &#038; sol ETF in next few months.<\/p>\n<p>We\u2019re quickly heading down path towards index-based &#038; actively managed crypto ETFs.<\/p>\n<p>\u2014 Nate Geraci (@NateGeraci) <a href=\"https:\/\/twitter.com\/NateGeraci\/status\/1815209141733822909?ref_src=twsrc%5Etfw\">July 22, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cWe\u2019re quickly heading down the path towards index-based and actively managed crypto ETFs,\u201d<\/em> the expert predicted.<\/p>\n<\/blockquote>\n<p><span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> approved July 23 as the start date for trading five Ethereum ETFs.<\/p>\n<p>Steno Research forecasted a net inflow of $15-20 billion into future funds within a year and a rise in the second-largest cryptocurrency by market cap to $6500. K33 Research estimated inflows into products in the first five months after trading begins at $3.1\u20134.8 billion.\u00a0<\/p>\n<p>On July 8, Cboe BZX filed form 19b-4 for 21Shares Core Solana ETF and VanEck Solana Trust.<\/p>\n<p>According to regulations, the agency will have 240 days to decide whether to approve the rule changes necessary for listing the instruments on the platform.<\/p>\n<p>Bloomberg analyst Eric Balchunas believes the SEC might register the product by mid-March 2025. Similar conclusions were drawn by VanEck&#8217;s Head of Digital Asset Research, Matthew Sigel.<\/p>\n<p>Previously, Matrixport co-founder Daniel Yan expressed the possibility of the asset becoming the basis for the next ETF. Standard Chartered&#8217;s Head of Research, Geoffrey Kendrick, also <a href=\"https:\/\/u1f987.com\/en\/news\/standard-chartered-identifies-etf-contenders-for-2025\">predicted<\/a> the emergence of a SOL-based instrument in 2025.\u00a0<\/p>\n<p>This view is shared by Ripple CEO Brad Garlinghouse and Galaxy Digital CEO Mike Novogratz.<\/p>\n<p>Earlier, market maker GSR positively assessed Solana&#8217;s growth potential in the event of an ETF launch. Analysts believe the cryptocurrency could increase in value by 1.4 to 8.9 times.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Applications for ETFs combining Bitcoin, Ethereum, and Solana are expected to emerge in the coming months, according to Nate Geraci, president of The ETF Store. Prediction\u2026 An ETF issuer will file for combined spot btc, eth, &#038; sol ETF in next few months. We\u2019re quickly heading down path towards index-based &#038; actively managed crypto ETFs. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15399,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[569,46,1138,1159],"class_list":["post-15400","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-etf","tag-ethereum","tag-opinions","tag-solana-sol"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/15400","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=15400"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/15400\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/15399"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=15400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=15400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=15400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}