CashNews.co KEY POINTS The SEC labeled Solana and 11 other crypto tokens as securities in its lawsuit against Binance The CBOE has reportedly removed its two prospective $SOL ETFs from its website Brazil became the world’s first to approve a Solana ETF earlier this month – it approved a second fund Tuesday Solana ($SOL) was […]
CashNews.co WisdomTree (WETF) has long been known as an ETF provider focusing on dividend-weighted products, and also international markets. It is in this international space where WisdomTree has really made a name for itself though, particularly in the case of Japan. In 2006, WisdomTree put out the Japan Hedged Equity Fund (DXJ) offering up investors […]
CashNews.co The outlook for United States-based Solana exchange-traded funds (ETFs) in 2024 remains grim. Recent regulatory actions suggest that these ETFs have a minimal chance of receiving approval under the current administration. This conclusion follows the US Securities and Exchange Commission’s (SEC) rejection of necessary filings. Solana ETF Approval Remains Uncertain On Tuesday, the SEC […]
CashNews.co SMST Seeks 150% Inverse Daily Exposure to MicroStrategy SMST: The First Short MicroStrategy ETF in the U.S. Defiance ETFs Launches SMST: The First Short MicroStrategy ETF in the U.S. MIAMI, Aug. 21, 2024 (GLOBE NEWSWIRE) — Defiance ETFs, a leading innovator in exchange-traded funds, is excited to announce the launch of SMST: Defiance Daily […]
CashNews.co The path to Solana ETF approval could be dramatically influenced by a 2018 fraud case, according to a VanEck executive. The case’s resolution may set a precedent for how Solana is regulated, potentially unlocking its ETF future. Solana’s Commodity Status Crucial for ETF Approval A Solana exchange-traded fund may not […]
CashNews.co VanEck and 21Shares’ Solana ETF filings were removed from the CBOE website. Despite filing issues, the SOL price looked stable, but bearish momentum persisted. In an unexpected turn of events, VanEck and 21Shares’ 19b-4 filings for spot Solana [SOL] ETFs have mysteriously vanished from the Chicago Board Options Exchange (CBOE) website. No scope for […]
CashNews.co Key Takeaways Brazil’s securities regulator has approved a Solana-based ETF managed by Hashdex and BTG Pactual. Hashdex previously launched ETFs linked to Bitcoin, Ethereum, and the Nasdaq Crypto Index. Share this article Hashdex, a known player in the crypto asset management space, will launch an exchange-traded fund (ETF) that provides investors with exposure to […]
CashNews.co pcess609 Investment Thesis I last reviewed the Schwab U.S. Dividend Equity ETF (NYSEARCA:SCHD) on March 18, 2024, when I provided in-depth coverage of its much-anticipated annual reconstitution. I invite you to read the details if you have 15 minutes to spare, but in the interest of your time, here is a quick summary: 1. […]
CashNews.co SEC’s Classification of Solana as a Security In June 2023, the SEC designated Solana as a security, a decision that has since complicated the process for firms seeking to offer a Solana ETF. This classification has led to considerable regulatory challenges for prospective issuers, including prominent financial firms such as VanEck and 21Shares. The […]
CashNews.co deepblue4you AVUS strategy Avantis US Equity ETF (NYSEARCA:AVUS) is an actively managed ETF launched on 09/24/2019. It has 2282 holdings, a 30-day SEC yield of 1.22% and an expense ratio of 0.15%. Distributions are paid quarterly. As described in the prospectus by Avantis Investorsthe fund puts “an enhanced emphasis on securities of companies with […]