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Bloomberg Senior ETF analyst Eric Balchunas has significantly raised the expectations for new crypto exchange-traded funds (ETF), predicting a 90% chance we might see a Solana (SOL) ETF this summer.  His bullish outlook follows recent moves by the U.S. Securities and Exchange Commission (SEC) and NASDAQ to approve a number of new altcoin ETFs. Accordingly, Balchunas predicts other cryptocurrencies like Litecoin (LTC) and (XRP) may also benefit from the trend.  Eric Balchunas’s altcoin ETF predictions. Source: X and Bloomberg New altcoin ETFs  Should the SEC plans materialize, it would represent a historic expansion of regulated crypto assets in the U.S. and usher in what Balchunas calls an “Altcoin ETF Summer.” “Get ready for a potential Alt Coin ETF Summer with Solana likely leading the way (as well as some basket products) via @JSeyff note this morning which includes fresh odds for all the spot ETFs.” A notable feature under consideration is ...

BlackRock’s IBIT Spot Bitcoin ETF has become the fastest ETF in history to reach $70 billion in assets under management (AUM). The ETF is the fastest in history to reach that milestone, accomplishing five times faster than the former record holder GLD. The firm’s IBIT fund, the largest of its kind, surpassed $70 billion in assets in just 341 days of trading, making it the fastest ETF to reach that milestone, according to Bloomberg Senior ETF Analyst Eric Balchunas. “IBIT just blew through $70 billion and is now the fastest ETF to ever hit that mark in only 341 days, which is 5x faster than the old record held by GLD of 1,691 days,” Balchunas posted to X Monday. IBIT also recently saw a 34-day streak of inflows in a rebounding ETF market. BlackRock has been a big supporter of Bitcoin for much of the last two years. The $11 trillion asset manager broke new ground in 2024 when it was one of the original issuers of the landmark spot Bitcoin ETFs to go to market. Those prod...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

JP Morgan CEO Jamie Dimon has warned that the US dollar could lose its reserve currency status in 40 years. He explained that the ongoing situation is a wake-up call and failing to address the issue will threaten America’s supremacy. Speaking at the Reagan National Economic Forum last week, he stressed that the major threat to the US is not from foreign countries but from within. Also Read: UBS Warns: Cut US Dollar Exposure Before It’s Too Late Dimon, who led JP Morgan for nearly two decades said that America’s mismanagement of the US dollar is “extraordinary” . He warned that the consequences will spill into everything including military dominance to economic credibility and the jobs sector. The CEO stressed that the White House has taken missteps at every level including pensions and budget failures. JP Morgan CEO: After 40 Years, the US Dollar Might Not Be the Global Reserve Currency Source: realmoney.thestreet.com Dimon emphasized that the US National Debt ha...

Shiba Inu is currently one of the most trending cryptocurrency meme tokens to exist in the space. The token is eyeing higher price paths but is unable to break the current price pattern that has locked SHIB from all corners and nooks. Shiba Inu is presently sitting at $0.00001310, down 9% in the last 24 hours. Despite the token’s mellow stance, the SHIB community is ardently waiting for the token to enter a bullish phase, climbing to higher price pedestals, leading it to score a new high soon. Is holding Shiba Inu (SHIB) profitable in the long run? Let’s find out. Also Read: Here’s SHIB’s Price If It Reclaims 2021 Market Share at $40T Cap Shiba Inu Fear And Greed Index Update Shiba Inu has always captivated the masses through its alluring presence. The token has always documented increased investor sentiment and interest. However, the current SHIB price path has lately been exploring lower price realms, pushing investors to explore narratives related to when SHIB will resume...

Solana-based meme currency BONK is hovering around the $0.0000169 mark on Wednesday and has remained mostly in the red this year. The meme coin barely experienced a price spurt and is down nearly 47% in a year. It is also down approximately 70% from its all-time high of $0.00005825 which it reached in November. Despite the bearishness, a leading analytical firm predicts that BONK could double in price next year and generate massive profits. Therefore, taking an entry position now and waiting for next year could be beneficial, according to the latest price prediction. This puts BONK on the buy list as the meme coin has more to offer. Also Read: Top 3 Cryptocurrencies That May Turn $1k Into $1 Million By 2035 BONK: Forecast Indicates a 176% Rise in Q1 of 2026 Source: NFT Evening Leading on-chain metrics and price prediction firm CoinCodex has predicted that BONK could rise 176% by Q1 of 2026 and hit a high of $0.000046. Therefore, an investment of $1,000 could turn into $2,760 by the end...

VeChain (VET) is quite a unique crypto project. The project has had incredible success in its 10-year history. Having made its debut in 2015, VET is one of the oldest smart contract platforms in the market. Although the asset has struggled to gain momentum over the last few years, we may witness a massive spike in adoption in the near future. Let’s look at a few reasons why VET could become a crypto giant by 2030. Why VeChain Could Become A Top Player By 2030 Source: The Market Periodical VET utilizes a Proof-of-Authority (PoA) consensus method. This form of reaching a consensus is a more energy-efficient alternative to others. The network’s speed, reliability, and low transaction costs are catered to better the needs of growing enterprises. The high transaction volumes and speed make VET an easy choice for large-scale business operations. VeChain (VET) is most known for its supply chain-related initiatives. Walmart China utilizes the VET blockchain to track supplies for saf...