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SEC Names Solana Digital Commodity as ETF Rules Expand

U.Today Read original source (opens in a new tab)
The Story

News Summary

  • The SEC approved Nasdaq Texas rule amendments classifying Solana, Bitcoin, Ether, and XRP as digital commodities eligible for actively managed crypto ETFs.
  • The regulatory clarity, combined with Fed disinflation commentary, fueled a massive $566 million crypto short squeeze.
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100.77 +17.30% over the displayed period

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