In a recent announcement, 21Shares AG revealed their integration of Chainlink Proof of Reserve on the Ethereum mainnet. This move aims to provide greater transparency regarding the reserves backing their Core Ethereum ETF (CETH). By implementing Chainlink’s technology, 21Shares seeks to bolster investor confidence by offering real-time visibility into the Ether reserves supporting CETH. Eliminating
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BlackRock’s recent announcement regarding the lack of immediate plans to launch a Solana (SOL) ETF comes as no surprise, considering the company’s focus on Bitcoin and Ethereum spot ETFs. While Bitcoin and Ethereum have seen significant success in the ETF space, smaller altcoins like Solana may not meet BlackRock’s criteria for investability at this time.
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The U.S. Securities and Exchange Commission has decided to put a hold on its claims that Solana (SOL), Cardano (ADA), and Polygon (MATIC) are unregistered securities in its current legal battle against Binance. This development comes after the SEC filed a joint status report in the U.S. District Court for the District of Columbia, signaling
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