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About SKY

Sky (SKY) is a cryptocurrency launched in 2024. SKY has a current supply of 23.46Bn with 0 in circulation. The last known price of SKY is 0.090788359917 USD and is 0.001271590234 over the last 24 hours. It is currently trading on active market(s) with $11.05M traded over the last 24 hours. More information can be found at .
SKY Price Statistics
SKY’s Price Today
24h Price Change
+$0.0012715902341.42%
24h Volume
$11.05M14.67%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#3982
SKY Market Cap
Market Cap
$0
Fully Diluted Market Cap
$2.13Bn
SKY Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
SKY Supply
Circulating Supply
0
Total Supply
23.46Bn
Max Supply
0
Updated Dec 07, 2024 5:12 pm
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SKY
Sky
$0.090788359917
$0.001271590234(+1.42%)
Mkt Cap $0
There's nothing here for now
SEC Likely to Reject Solana ETF Filings Amid Regulatory Uncertainty
SEC Likely to Reject Solana ETF Filings Amid Regulatory Uncertainty
According to DLNews, the US Securities and Exchange Commission (SEC) is expected to reject several applications for Solana spot exchange-traded funds (ETFs), potentially deferring the decision to the next administration. Reports indicate that at least two out of five potential issuers have been informed of the likely rejection. Fox Business reporter Eleanor Terrett, citing sources, suggested that the SEC is unlikely to approve any new crypto ETFs during the Biden administration. Bloomberg Intelligence analyst Eric Balchunas described this as SEC Chair Gary Gensler’s 'parting gift.' Analyst James Seyffart also noted that the SEC’s Trading and Markets division is unlikely to approve a Solana ETF due to the agency's current classification of Solana as a security or securities offering. Seyffart suggested that Gensler might prefer to leave the decision to the next administration.Several major firms, including Bitwise, VanEck, 21Shares, and Canary Capital, have submitted applications to launch Solana ETFs. Institutional interest in Solana has been increasing, driven by its speed, scalability, and rising user activity. Eliezer Ndinga, head of strategy at 21.co, emphasized Solana's growing appeal to investors, noting the ecosystem's momentum. Solana's rapid growth in 2024, with its SOL token rising 160% year-to-date, has further attracted institutional attention. Looking forward, analysts anticipate a shift under President-elect Donald Trump’s incoming SEC Chair, Paul Atkins, known for his crypto-friendly stance and support for digital asset innovation. Trump's regulatory appointments, including Atkins, Treasury Secretary nominee Scott Bessent, and Commerce Secretary nominee Howard Lutnick, indicate a potentially more favorable approach to crypto markets. Analysts like Seyffart believe that the approval of Solana ETFs is a matter of 'when, not if,' with the Trump administration expected to create new opportunities for crypto-friendly capital markets. Gensler is set to step down as SEC chairman on January 20. If Gensler blocks the Solana ETF approvals, Balchunas anticipates that issuers will refile under the Atkins administration.
Dec 07, 2024 5:07 pm

Frequently Asked Questions

  • What is the all-time high price of Sky (SKY)?

    The all-time high of SKY was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Sky (SKY) is 0. The current price of SKY is down 0% from its all-time high.

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  • How much Sky (SKY) is there in circulation?

    As of , there is currently 0 SKY in circulation. SKY has a maximum supply of 0.

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  • What is the market cap of Sky (SKY)?

    The current market cap of SKY is 0. It is calculated by multiplying the current supply of SKY by its real-time market price of 0.090788359917.

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  • What is the all-time low price of Sky (SKY)?

    The all-time low of SKY was 0 , from which the coin is now up 0%. The all-time low price of Sky (SKY) is 0. The current price of SKY is up 0% from its all-time low.

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  • Is Sky (SKY) a good investment?

    Sky (SKY) has a market capitalization of $0 and is ranked #3982 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Sky (SKY) price trends and patterns to find the best time to purchase SKY.

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