VanEck files for Solana ETF SOL rises 8%
The filing is the first Solana ETF to be filed in the U.S. Six days later, a similar product was filed in Canada.

The filing is the first Solana ETF to be filed in the U.S. Six days later, a similar product was filed in Canada.
Fidelity and Bitwise have made similar moves, underscoring a growing trend among financial firms aiming to offer spot ETFs.
China and Singapore forge a groundbreaking alliance, piloting the use of digital yuan for cross-border tourism, showcasing the global embrace of this innovative currency.
the collaboration between Singapore and China in launching a digital yuan pilot for tourist transactions marks a pivotal development in the realm of CBDCs. As digital currencies continue to gain traction, this initiative enhances cross-border financial cooperation and sets the stage for broader global implications.
According to some estimates, around 5.6 million merchants now accept the digital currency as payment.
Yuan fell to a 14-year low against the U.S. dollar early Wednesday.
Tether reports that its total commercial paper exposure has been cut to $3.7 billion from $30 billion just one year ago.