Ethereum
Bits + Bips: Ethereum and Solana ETFs and Why Crypto Is About to Have a Breakout
This episode of Bits + Bips explores the impact of political outcomes on Solana ETFs, the SEC’s delay on Ethereum ETFs, Bitcoin’s performance versus NASDAQ, and more.
Posted on July 3, 2024 at 12:00 PM EST.
Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Covered, Podcast Addict, Pocket casts, Amazon Musicor on your favorite podcast platform.
Are Solana ETFs About to Be Approved? How Could Political Outcomes Influence That Decision?
Join hosts James Seyffart, Alex Kruger, and Joe McCann as they dive into the latest buzz around potential Solana spot ETFs, dissect the SEC’s puzzling delay on Ethereum ETFs, and debate why Bitcoin’s recent performance has diverged from that of NASDAQ.
They also discuss the U.S. presidential election, the event Alex describes as the “second weirdest thing” he’s ever seen in his life, what the bond market seems to be indicating about expectations for a Trump presidency, and how upcoming nonfarm payroll reports and potential rates could affect markets.
Highlights of the show:
- How political outcomes could influence Solana spot ETF approval
- Are Futures ETFs 100% Necessary for Crypto Spot ETF Approval?
- The high premium on Grayscale’s Solana Trust (GSOL)
- How the 2024 US Presidential Election Outcome Could Impact the Crypto Industry
- Why the SEC Delayed the Launch of the Ethereum ETF
- How the upcoming nonfarm payrolls report and potential rate cuts impact market volatility and Federal Reserve decisions
- How the rise of populist candidates in France and changes in foreign exchange markets could affect the US dollar and the broader economic landscape
- Bitcoin, Ethereum and Solana’s Q2 performance and BONK’s surprising outperformance
- Why Bitcoin’s Performance Diverged From Nasdaq’s Recent Rally
- How recent movements in long-term bond yields are linked to political changes, such as the rise of right-wing populism and concerns about fiscal responsibility
- How FTX Creditors Could Potentially Influence Market Dynamics and the Irony of the US Government Using Coinbase as a Custodian
