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Multiple institutions have submitted updated Solana ETF S-1 documents
06-14 01:10

Odaily News On June 13, Franklin Templeton, Galaxy Digital, Grayscale, VanEck and other companies submitted updated S-1 documents for the Solana spot ETF, and Fidelity also submitted the S-1 registration document for its Solana fund, which is regarded as Fidelity’s first application for the spot Solana ETP.
According to recent regulatory documents, the SEC has asked several potential Solana ETF issuers to update their S-1 documents, especially the description of physical redemption and pledge mechanisms. This move is considered a signal that the SEC has changed its attitude towards approving the Solana spot ETF. It is expected that the Solana spot ETF may be launched in the next two to four months.
Although the SEC has approved spot ETFs for Bitcoin and Ethereum and some hybrid crypto stock funds, the SEC remains cautious about ETF products that track other tokens, especially the delays in the approval of funds such as Avalanche, Dogecoin and Hedera. Experts believe that Solana has a greater chance of approval in a more friendly regulatory environment from the SEC, especially with the launch of Solana futures by CME. (The Block)

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"Big Brother Maji" closed his long position in PUMP, resulting in a total loss of $9.94 million in contracts and spot trading.
Planet Morning News | August 3
"Big Brother Maji" recently went long on ETH/HYPE/PUMP, giving back over $20 million in profits, and the current address only has a floating profit of $3.5 million.
The whale received another 25,500 ETH from FalconX, and at the same time suffered a floating loss of $10 million due to staking ETH
BTC falls below 112,000 USDT
A smart money investor increased his ETH short position with 15x leverage, bringing his total holdings to 50,000 tokens and a floating profit of $12 million.