• About
  • FAQ
  • Privacy Policy
  • Support Forum
  • Disclaimer
  • Contact Us
Newsletter
Token Alytics
  • Home
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Defi
  • Ripple
  • Ethereum
  • Metaverse
No Result
View All Result
  • Home
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Defi
  • Ripple
  • Ethereum
  • Metaverse
No Result
View All Result
Token Alytics
No Result
View All Result
Home Defi

Solana Underperforms Ethereum as SOL ETF Commences Buying and selling

thecryptogoblin by thecryptogoblin
July 3, 2025
in Defi
0
Solana Underperforms Ethereum as SOL ETF Commences Buying and selling
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


The REX Shares ETF went dwell at this time and garnered $8 million in quantity throughout the first 20 minutes, however SOL is lagging behind different main cryptocurrencies.

Related articles

Crypto Market Dips After Trump’s BRICS Tariff Menace

Crypto Market Dips After Trump’s BRICS Tariff Menace

July 8, 2025
Over 60% of Belongings Stolen in Bybit’s $1.5 Billion Hack Have Gone Darkish

Over 60% of Belongings Stolen in Bybit’s $1.5 Billion Hack Have Gone Darkish

July 7, 2025

Lower than every week after Bloomberg ETF analyst Eric Balchunas reported {that a} Solana Staking ETF might launch quickly, REX Shares’ Solana ETF went dwell at this time. Nonetheless, SOL is underperforming ETH, regardless of respectable buying and selling quantity on the ETF’s launch.

SOL is up 4% at this time; nevertheless, ETH is main all main tokens at this time and is up 6.9%, almost reclaiming the $2,700 mark.

Layer 1 Blockchains table
Layer 1 Blockchains – CoinGecko

The token’s underperformance could also be as a result of ETF being handled as a “promote the information” occasion by holders, or is also exacerbated by the ETF’s controversial nature.

This ETF particularly is sparking debate on betting markets comparable to Polymarket, as a result of it launched with “no objection” from the Securities and Trade Fee (SEC), versus a conventional “ S-1 ‘33 Act Spot ETF” approval. Polymarket bettors are nonetheless divided over the decision of associated markets. Seyffart mentioned that this isn’t the primary time that Polymarket bets on ETF approvals have confronted such dilemmas.

The shortage of full SEC approval might doubtlessly act as a deterrent for institutional traders, who require full regulatory readability to deploy capital.

REX Shares can also be a comparatively small ETP issuer in comparison with behemoths like BlackRock. REX Shares reported simply over $5 billion in property below administration (AUM) in 2024, in comparison with BlackRock’s $11.5 trillion. This might additionally end in liquidity constraints for the REX Shares SOL Staking ETF.

Regardless of SOL’s underperformance, the primary Solana staking ETF opened the day with greater than $8 million in quantity over the primary 20 minutes, a “wholesome begin” in keeping with Bloomberg’s James Seyffart.

Tags: CommencesETFEthereumSOLsolanaTradingUnderperforms
Share76Tweet47

Related Posts

Crypto Market Dips After Trump’s BRICS Tariff Menace

Crypto Market Dips After Trump’s BRICS Tariff Menace

by thecryptogoblin
July 8, 2025
0

Most large-cap crypto property are down barely, apart from XRP.The full cryptocurrency market cap dropped 3.5% to $3.4 trillion on...

Over 60% of Belongings Stolen in Bybit’s $1.5 Billion Hack Have Gone Darkish

Over 60% of Belongings Stolen in Bybit’s $1.5 Billion Hack Have Gone Darkish

by thecryptogoblin
July 7, 2025
0

Greater than $868 million value of crypto stolen within the Bybit hack has disappeared, in keeping with knowledge from the...

Much less Than 5% of Wallets Generate Most On-Chain Worth: Report

Much less Than 5% of Wallets Generate Most On-Chain Worth: Report

by thecryptogoblin
July 6, 2025
0

New analysis from Flipside reveals that fewer than 5% of wallets sometimes deal with nearly all of on-chain switch quantity.A...

Ripple Applies for US Banking License, Heating Up Home Stablecoin Race

Ripple Applies for US Banking License, Heating Up Home Stablecoin Race

by thecryptogoblin
July 5, 2025
0

A rising variety of crypto companies have utilized for banking licenses or are pondering of doing in order TradFi and...

HYPE Rallies Forward of CoreWriter Launch

HYPE Rallies Forward of CoreWriter Launch

by thecryptogoblin
July 4, 2025
0

The CoreWriter contract will allow HyperEVM DeFi functions to instantly work together with Hyperliquid’s perpetuals change, Hypercore.The Hyperliquid group is...

Load More
  • Trending
  • Comments
  • Latest
CryptoRank Telegram Airdrop Information | How To Take part

CryptoRank Telegram Airdrop Information | How To Take part

September 7, 2024

bitcoin core – mandatory-script-verify-flag-failed (Script evaluated with out error however completed with a false/empty prime stack component) on wrapped SegWit enter

December 24, 2024
How Essential is Jito Solana MEV Bot Growth for the Cryptocurrency Ecosystem?

How Essential is Jito Solana MEV Bot Growth for the Cryptocurrency Ecosystem?

August 1, 2024
Lumina Hunt Telegram Sport Airdrop Information

Lumina Hunt Telegram Sport Airdrop Information

October 23, 2024

Ethereum Whales Quickly Accumulate ETH Amid Worth Decline

0

How Can a Web3 Neobanking Platform Be Useful for the Decentralized Enterprise Area?

0

2024 Recreation Growth Traits: Alternatives & Challenges | by Jon Radoff | Constructing the Metaverse

0

Prime Ethereum Analyst Says DOGE, PEPE, and RCOF Are About to Expertise a ‘Historic Breakout’

0
Spot Solana ETF Poised To Come ‘Manner Forward’ Of Schedule

Spot Solana ETF Poised To Come ‘Manner Forward’ Of Schedule

July 8, 2025
Ethereum Each day Chart Indicators Power As Bulls Reclaim Momentum

Ethereum Each day Chart Indicators Power As Bulls Reclaim Momentum

July 8, 2025
After Weeks of Sideways Buying and selling, Charts Counsel XRP is ready for Its 2025 Excessive

After Weeks of Sideways Buying and selling, Charts Counsel XRP is ready for Its 2025 Excessive

July 8, 2025
Crypto Market Dips After Trump’s BRICS Tariff Menace

Crypto Market Dips After Trump’s BRICS Tariff Menace

July 8, 2025

Token Alytics

We are a team of dedicated enthusiasts, analysts, and writers with a shared interest in the dynamic and fast-paced world of digital assets and blockchain innovation. Our diverse backgrounds in finance, technology, and media give us a unique perspective on the developments in the crypto space.

Categories

  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Defi
  • Ethereum
  • Metaverse
  • Ripple

Follow Us

  • 643 Followers

Recent News

Spot Solana ETF Poised To Come ‘Manner Forward’ Of Schedule

Spot Solana ETF Poised To Come ‘Manner Forward’ Of Schedule

July 8, 2025
Ethereum Each day Chart Indicators Power As Bulls Reclaim Momentum

Ethereum Each day Chart Indicators Power As Bulls Reclaim Momentum

July 8, 2025
  • About
  • FAQ
  • Privacy Policy
  • Support Forum
  • Disclaimer
  • Contact Us

© 2018- tokenalytics.io, All rights reserved

No Result
View All Result
  • Home
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Defi
  • Ripple
  • Ethereum
  • Metaverse

© 2018- tokenalytics.io, All rights reserved