{"id":332684,"date":"2024-06-27T23:22:39","date_gmt":"2024-06-27T17:52:39","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=332684"},"modified":"2024-06-27T23:22:39","modified_gmt":"2024-06-27T17:52:39","slug":"crypto-markets-rally-as-vaneck-files-for-spot-solana-etf-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/crypto-markets-rally-as-vaneck-files-for-spot-solana-etf-crypto-news\/","title":{"rendered":"Crypto Markets Rally as VanEck Files For Spot Solana ETF – Crypto News"},"content":{"rendered":"

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Bitcoin ETFs reported net inflows of $21.4 million on Wednesday. <\/p>\n

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Crypto markets surged on Thursday morning following asset manager VanEck’s spot Solana ETF filing<\/a>.<\/p>\n

Bitcoin<\/a> is trading at $61,600, while Ethereum<\/a> spiked by 3%. Solana<\/a> jumped 8%, and Polkadot climbed 7%.<\/p>\n

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SOL Price<\/figcaption><\/figure>\n

<\/a><\/p>\n

Akash Network (AKT) and MakerDAO (MKR) are today\u2019s top gainers among the top 100 digital assets by market capitalization, up 13% and 10%, respectively.<\/p>\n

Bitcoin ETF Inflows<\/h2>\n

Meanwhile, U.S. spot Bitcoin exchange-traded funds (ETFs) reported net inflows of $21.4 million on Wednesday.<\/p>\n

According to ETF tracker Farside<\/a>, Fidelity\u2019s FBTC led with $18.6 million in inflows. Grayscale\u2019s GBTC recorded net inflows of $4.3 million, and VanEck\u2019s HODL reported $3.4 million in inflows.<\/p>\n

Since their debut in January, spot Bitcoin ETFs have cumulatively attracted $14 billion in net inflows.<\/p>\n

CoinGlass data<\/a> indicates that 34,818 traders were liquidated in the past 24 hours, with total liquidations amounting to $87 million. The largest single Bitcoin liquidation order occurred on OKX, valued at $9.17 million.<\/p>\n

Michael Van de Poppe, CEO of MN Trading, shared his outlook on Bitcoin\u2019s short-term performance. “Preferably, we sweep the $60K area where a bullish divergence kicks in. Reversal coming from next week with the impending Ethereum ETF listing,” he said<\/a>.<\/p>\n

U.S. stock markets continued to trade sideways, with the S&P 500 and Nasdaq flat on the day and the Dow Jones Industrial Average up 0.2%.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin ETFs reported net inflows of $21.4 million on Wednesday. Crypto markets surged on Thursday morning following asset manager VanEck’s spot Solana ETF filing. Bitcoin is trading at $61,600, while Ethereum spiked by 3%. Solana jumped 8%, and Polkadot climbed 7%. SOL Price Akash Network (AKT) and MakerDAO (MKR) are today\u2019s top gainers among the […]<\/p>\n","protected":false},"author":2,"featured_media":332712,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-332684","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/332684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=332684"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/332684\/revisions"}],"predecessor-version":[{"id":332720,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/332684\/revisions\/332720"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/332712"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=332684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=332684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=332684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}