{"id":3111,"date":"2024-11-21T20:32:50","date_gmt":"2024-11-21T20:32:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3111"},"modified":"2024-11-21T20:32:50","modified_gmt":"2024-11-21T20:32:50","slug":"solana-soars-10-reaches-new-all-time-high-market-cap-what-is-going-on","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3111","title":{"rendered":"Solana Soars 10%, Reaches New All-Time High Market Cap: What Is Going On?"},"content":{"rendered":"<div>\n<p><strong>Solana<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/sol\/usd\">SOL<\/a>) is up 10% on the day and closing in on its all-time high as new Solana spot ETF filings indicate <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/08\/40470226\/solana-etf-approval-in-2024-has-only-a-6-chance-a-snowballs-chance-in-hell-etf-analyst-say\">continued institutional interest.<\/a><\/p>\n<p><strong>What Happened:<\/strong> <strong>Eleanor Terrett <\/strong>of Fox Business on Thursday tweeted that the SEC is reportedly engaging with issuers interested in launching a Solana spot ETF, with progress being made on S-1 applications, citing <a href=\"https:\/\/x.com\/EleanorTerrett\/status\/1859611713579999366\">sources<\/a> familiar with the matter.<\/p>\n<p>Issuers like <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/07\/39598039\/vanecks-solana-etf-proposal-dependent-on-trumps-presidential-win-matthew-sigel-confirms\">VanEck<\/a>, 21Shares and Canary Funds have already filed S-1s, while Bitwise recently announced its intent to do so. <\/p>\n<p>Exchanges like <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/07\/39679535\/solana-jumps-5-5-as-cboe-files-application-with-sec-to-list-vaneck-21shares-spot-etfs\">Cboe Global Markets<\/a> (BATS:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/CBOE#BATS\">CBOE<\/a>) are expected to submit 19b4 filings on behalf of these issuers soon, a key step in seeking SEC approval to list these ETFs.<\/p>\n<p>Once filed, the SEC has 240 days to approve or deny the products. However, &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/42122387\/solana-soars-10-reaches-new-all-time-high-market-cap-what-is-going-on\" alt=\"Solana\" soars reaches new all-time high market cap: what is going on>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Solana (CRYPTO: SOL) is up 10% on the day and closing in on its all-time high as new Solana spot ETF filings indicate continued institutional interest. What Happened: Eleanor Terrett of Fox Business on Thursday tweeted that the SEC is reportedly engaging with issuers interested in launching a Solana spot ETF, with progress being made [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-3111","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3111"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3111\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}