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SEC pushes Solana ETF decision to October amid growing investor interest in alternatives

The first US Solana staking ETF draws strong investor interest with record inflows and trading activity amid SEC decision delay.

CryptoSlate

Aug 15

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Happy Friday!

The crypto world is abuzz as the SEC delays its decision on the first US Solana staking ETF, fueling record investor interest and trading activity in alternatives. In other major news, Justin Sun is suing Bloomberg for allegedly breaching confidentiality by disclosing sensitive details of his TRON token holdings, raising pressing privacy and security concerns. Meanwhile, Google is backing Bitcoin miner TeraWulf's ambitious $1.8 billion AI infrastructure project, signaling growing support for crypto's technological expansion. Stay tuned for the latest developments shaping the market today.

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The global crypto market cap is $3.97 trillion, with a 24-hour volume of $205.86 billion. The price of Bitcoin is $117,801.70, and BTC market dominance is 58.9%. The price of Ethereum is $4,527.97, and ETH market dominance is 13.7%. The best-performing sector is eCommerce, which gained 1%. The Crypto Fear & Greed Index is currently Greed (60).