[Lunch Briefing] Van Eck, the first Solana spot ETF in the US, has filed for launch.

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Bitcoin (BTC) price chart as of 13:12 pm on the 28th / Source = Bithumb


Major domestic virtual assets are in mixed performance.

At 1:11 pm on the 28th, domestic Bitcoin (BTC) on Bithumb is trading at 86,633,000 won, down 0.23% from the previous day. Ethereum (ETH) fell 0.10% to 4,844,000 won. Tether (USDT) fell 0.43% to 1,401 won, Binance Coin (BNB) rose 0.37% to 817,500 won, and Solana (SOL) fell 0.67% to 206,700 won.



The international market is also mixed.

At the same time, on CoinMarketCap, BTC recorded $61,689, up 1.08% from the previous day. ETH was traded at $3,452.62, up 2.06%. USDT is at $0.999, down 0.02% from the previous day, and BNB is at $582.25, up 1.43%. SOL was traded at $147.12, up 7.14%.

The total market capitalization of virtual assets is $2.29 trillion (approximately KRW 3,164.8241 trillion), an increase of $1.11 trillion (approximately KRW 1,534.414 trillion) compared to the same period last year. The fear and greed index provided by virtual asset data company Alternative.me is in a 'neutral' state at 47 points, up 7 points from the previous day.

Asset management company Van Eck Gasolana (SOL) submitted a securities registration form (S-1) to the U.S. Securities and Exchange Commission (SEC) for the launch of a spot exchange-traded fund (ETF). This is the first time to apply for SOL spot ETF in the United States.

On the 27th (local time), Matthew Siegel, head of digital asset research at Van Eck, announced through If approved, the ETF is expected to be listed on the BZX exchange under CBOE.

Siegel said, “I applied for a spot ETF because I view SOL as a digital product similar to Bitcoin (BTC) or Ethereum (ETH).” The reasons why SOL is viewed as similar to BTC and ETH are its decentralized nature, high utility, and economic feasibility.

Meanwhile, in May, the SEC approved the launch of an ETH spot ETF. Accordingly, ETH was recognized as a product rather than a security.

Reporter Lee Yeon-ju
juya@rni.kr
< Copyright ⓒ Decenter, unauthorized reproduction and redistribution prohibited >

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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