PANews reported on October 28th, according to The Block, that asset management company Bitwise announced on the X platform that it will launch the Bitwise Solana Collateralized ETF on the New York Stock Exchange on Tuesday, under the ticker symbol BSOL. The company stated that this is the first ETP "100% directly invested in spot SOL." Meanwhile, other companies are also planning to launch a range of cryptocurrency ETFs. Canary Capital stated that it plans to list its Litecoin ETF and HBAR ETF on the Nasdaq on Tuesday. A person familiar with the matter stated that the Grayscale Solana Trust ETF is scheduled to list on Wednesday. A week into the US government shutdown, the SEC issued guidance clarifying the listing process for cryptocurrency ETFs. The SEC stated that companies can submit S-1 registration statements for IPOs without delaying amendments, meaning they can take effect within 20 days as companies submit their final S-1 registration statements. Prior to the shutdown, the SEC approved listing standards for three exchanges and amended relevant rules, potentially accelerating the approval of dozens of cryptocurrency ETF applications. Companies seeking to launch cryptocurrency ETFs without SEC approval will need to meet the listing standards. To launch an ETF, companies will need to submit their final S-1 registration statement and Form 8-A, some of which have already begun.PANews reported on October 28th, according to The Block, that asset management company Bitwise announced on the X platform that it will launch the Bitwise Solana Collateralized ETF on the New York Stock Exchange on Tuesday, under the ticker symbol BSOL. The company stated that this is the first ETP "100% directly invested in spot SOL." Meanwhile, other companies are also planning to launch a range of cryptocurrency ETFs. Canary Capital stated that it plans to list its Litecoin ETF and HBAR ETF on the Nasdaq on Tuesday. A person familiar with the matter stated that the Grayscale Solana Trust ETF is scheduled to list on Wednesday. A week into the US government shutdown, the SEC issued guidance clarifying the listing process for cryptocurrency ETFs. The SEC stated that companies can submit S-1 registration statements for IPOs without delaying amendments, meaning they can take effect within 20 days as companies submit their final S-1 registration statements. Prior to the shutdown, the SEC approved listing standards for three exchanges and amended relevant rules, potentially accelerating the approval of dozens of cryptocurrency ETF applications. Companies seeking to launch cryptocurrency ETFs without SEC approval will need to meet the listing standards. To launch an ETF, companies will need to submit their final S-1 registration statement and Form 8-A, some of which have already begun.

Bitwise Solana Collateralized ETF to List on the New York Stock Exchange on Tuesday

2025/10/28 07:05

PANews reported on October 28th, according to The Block, that asset management company Bitwise announced on the X platform that it will launch the Bitwise Solana Collateralized ETF on the New York Stock Exchange on Tuesday, under the ticker symbol BSOL. The company stated that this is the first ETP "100% directly invested in spot SOL." Meanwhile, other companies are also planning to launch a range of cryptocurrency ETFs. Canary Capital stated that it plans to list its Litecoin ETF and HBAR ETF on the Nasdaq on Tuesday. A person familiar with the matter stated that the Grayscale Solana Trust ETF is scheduled to list on Wednesday.

A week into the US government shutdown, the SEC issued guidance clarifying the listing process for cryptocurrency ETFs. The SEC stated that companies can submit S-1 registration statements for IPOs without delaying amendments, meaning they can take effect within 20 days as companies submit their final S-1 registration statements. Prior to the shutdown, the SEC approved listing standards for three exchanges and amended relevant rules, potentially accelerating the approval of dozens of cryptocurrency ETF applications. Companies seeking to launch cryptocurrency ETFs without SEC approval will need to meet the listing standards. To launch an ETF, companies will need to submit their final S-1 registration statement and Form 8-A, some of which have already begun.

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The post Crypto Market Faces Turbulence as Fed Rate Cut Sparks Sell-off appeared on BitcoinEthereumNews.com. Alvin Lang Oct 31, 2025 19:03 The cryptocurrency market experiences a significant downturn following a Federal Reserve rate cut, with Bitcoin and Ethereum prices plunging and market liquidations rising. The cryptocurrency market is experiencing a significant downturn, with Bitcoin (BTC) and Ethereum (ETH) prices plummeting, according to CoinMarketCap. This market turbulence follows a recent interest rate cut by the Federal Reserve, which has led to increased market volatility and substantial liquidations. Impact of Federal Reserve’s Rate Cut The Federal Reserve’s decision to cut interest rates by 0.25% to a range of 3.75% to 4.0% has triggered a bearish sentiment in the crypto market. The move, seen as hawkish by market participants, has resulted in a sharp decline in cryptocurrency prices. Bitcoin’s price fell to $108,000, while Ethereum slipped below $4,000. The overall market capitalization of cryptocurrencies saw a 4% decrease, dropping to $3.64 trillion. Surge in Market Liquidations The volatility has led to a significant increase in market liquidations, which jumped by 130% to over $1.3 billion. This surge in liquidations reflects the heightened uncertainty and fear among investors, as indicated by the Fear and Greed Index moving into the fear zone with a reading of 34. Market Reaction and Future Outlook Investors are closely monitoring the situation as the Federal Reserve’s actions continue to influence market dynamics. The unexpected rate cut has led to a reassessment of risk, prompting widespread sell-offs across the crypto market. Analysts suggest that market participants should brace for continued volatility as the full impact of the Federal Reserve’s policy changes unfolds. For more insights on the current market situation, visit the CoinMarketCap. Image source: Shutterstock Source: https://blockchain.news/news/crypto-market-turbulence-fed-rate-cut-sell-off
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BitcoinEthereumNews2025/11/01 17:03