Close Menu
Cryprovideos
    What's Hot

    Senator Lummis proclaims OBBB crypto tax modification whereas crypto advocates mobilize for approval

    June 30, 2025

    Bitcoin (BTC) Stabilizes as Q3 Approaches Amid Market Cooling

    June 30, 2025

    Dogecoin Positioning For A Run To New Thresholds As Key Chart Sample Takes Form | Bitcoinist.com

    June 30, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Markets»Solaxy Presale Reaches $15M, New ETFs to Trigger a Bull Run?
    Solaxy Presale Reaches M, New ETFs to Trigger a Bull Run?
    Markets

    Solaxy Presale Reaches $15M, New ETFs to Trigger a Bull Run?

    By Crypto EditorJanuary 28, 2025No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Fund supervisor Tuttle Capital filed purposes for ten altcoin exchange-traded funds (ETFs) with the US Securities and Trade Fee (SEC). Amongst them are Chainlink ($LINK), Cardano ($ADA), and even meme cash like Bonk ($BONK) and Official Trump ($TRUMP).

    These filings come on the again of current adjustments within the SEC’s management, as pro-crypto Mark Uyeda changed crypto critic Gary Gensler because the company’s chair.

    US Fund Managers Take a look at the Waters

    Tuttle Capital already affords a number of leveraged $BTC and $ETH ETFs. Now, the agency seeks approval for ten 2x ETFs, together with $XRP, $SOL, and $MELANIA. Basically, these are ETFs that would offer twice the every day beneficial properties or losses of their underlying tokens.

    Speculations about $SOL and $XRP ETFs have been spreading for some time, however meme coin ETFs are a wholly new, experimental idea.

    Final week, REX Shares additionally filed for a $DOGE ETF – maybe viewing it as a extra predictable and sustainable funding than $TRUMP or $MELANIA.

    Bloomberg Intelligence suggests issuers are testing the waters to see what the brand new SEC administration would permit.

    The query is – the place will regulators draw the road?

    Tuttle Capital May Set Precedent for Meme Cash Like Solaxy ($SOLX)

    If the SEC approves Tuttle Capital’s ETFs, they may very well be out there available on the market by April.

    This might set a precedent for meme coin ETFs, and we would see comparable monetary merchandise for a whole lot of different tokens.

    Nevertheless, utility-backed meme cash have greater odds of getting the inexperienced mild. One such mission is Solaxy ($SOLX), a Solana Layer-2 resolution with a Pepe mascot.

    Solaxy goals to forestall community congestion, scale back charges, and pace up transfers by offloading a part of transactions to its aspect chain. There are at present no Layer-2 networks for Solana, so Solaxy pioneers the area of interest.

    This distinctive utility helped Solaxy achieve momentum and lift over $15.6M on presale. One $SOLX now prices $0.001618, which is the bottom doable entry level into the mission.

    Solaxy Presale Reaches M, New ETFs to Trigger a Bull Run?

    It’s true that alternate listings usually enhance token worth, and Solaxy already has them deliberate.

    But when (or when) $SOLX ETF rolls out, we would see a really meteoric rise.

    Take $BTC, for instance.

    The primary spot $BTC ETF software was filed in 2013, however solely in 2021 was the primary $BTC ETF launched in Canada. Inside one month after the information, $BTC rose from $33K to $57K and inside two to $60K.

    Bitcoin price movement
    When BlackRock filed for the primary US $BTC ETF in June 2023, $BTC was buying and selling at $27K. Since $BTC ETFs started buying and selling on the US spot market in January 2024, it hit $100K.

    It seems that Solaxy launches simply in time for a brand new wave of institutional adoption, which may deliver its early supporters amplified returns.

    Can Meme Coin ETFs Go Mainstream?

    The consequences of the brand new pro-crypto administration are already evident. Whereas the SEC hasn’t but authorised Tuttle Capital’s purposes, it hasn’t turned them down both, so the percentages are excessive.

    The crypto market could also be getting into a brand new bull cycle the place institutional traders lastly choose initiatives like Solaxy for his or her know-how somewhat than meme facade.

    Nevertheless, we remind you that the crypto market is extraordinarily risky, and no beneficial properties are assured. DYOR and hold a cool head always.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Dogecoin Positioning For A Run To New Thresholds As Key Chart Sample Takes Form | Bitcoinist.com

    June 30, 2025

    Shheikh.io Launches SHHEIKH Token Presale for Blockchain-Backed Actual‑World Asset Investments | UseTheBitcoin

    June 30, 2025

    Nobitex Slowly Restores Providers After $100M Hack

    June 30, 2025

    White Home Blames Fed’s Excessive Charges as Drag on Financial system, Trump Blasts Powell in Handwritten Observe ‣ BlockNews

    June 30, 2025
    Latest Posts

    Bitcoin (BTC) Stabilizes as Q3 Approaches Amid Market Cooling

    June 30, 2025

    Solana Skyrockets as Bitcoin and Ethereum Grind Increased – Decrypt

    June 30, 2025

    The place are we within the Bitcoin cycle? Analyst Lyn Alden shares her view

    June 30, 2025

    Spanish Espresso Giants See Inventory Market Rally After $1 Billion Bitcoin Plan

    June 30, 2025

    Lyn Alden Analyzes Present Bitcoin Cycle and Market Forces – Bitbo

    June 30, 2025

    Bitcoin Value At $145,000 In September? Bullish Dojis Recommend Upward Transfer

    June 30, 2025

    Bitcoin Realized Provide Ratio Indicators Equilibrium – Related To Pre-Rally Ranges In Late 2024 | Bitcoinist.com

    June 30, 2025

    BitMine Inventory Spikes 400% as Bitcoin Miner Raises $250 Million for Ethereum Treasury – Decrypt

    June 30, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Ripple Gave Thousands and thousands to Trump Earlier than SEC Softened Its Stance

    April 23, 2025

    Bitcoin, Ethereum ETFs Bleed as Crypto Funds Shed File $6.4 Billion in 5 Weeks: CoinShares – Decrypt

    March 17, 2025

    FDIC’s Daring Transfer: Banks to Embrace Crypto Actions – BlockNews.com

    February 6, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.