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Former Ark Invest Head of Crypto "sees SOL leapfrogging to 3rd largest crypto by market cap"

"From a technical perspective, Solana (SOL) will overtake Binance's BNB to become the third largest cryptocurrency by market capitalization outside of stablecoins," Chris Burniske, former head of crypto at ArkInvest and managing partner at blockchain-focused venture capital firm Placeholder, told X, according to WatchGuru. "BNB will lose the #3 'non-stablecoin' spot forever, and this bull cycle will always be about BTC, ETH, and SOL," he added. Meanwhile, according to CoinMarketCap, BNB currently ranks third in non-stablecoin market capitalization, with a market capitalization gap of approximately $1.66 billion with SOL.

ETH spot ETF hits $9.37 billion in trading volume on second day of trading, off to a strong start, but falls short of BTC

Ethereum spot ETFs have recorded $9.37 billion in trading volume on their second day of trading. Of these, Grayscale's ETHE topped the list with $4.86 billion, accounting for about 52% of the total volume. BlackRock's ETHA followed with $255 million and Fidelity's

blockchain crypto cryptocurrency Ethereum ETF launches favorable price Shelly Young (SpotedCrypto)

Ethereum ETF launches favorable price Shelly Young comments and Grayscale's Ethereum liquidity outflow

Hany Rashwan, CEO of crypto ETP issuer 21Shares, told Bloomberg that the launch of an Ethereum spot ETF has already been partially priced in. "Global macroeconomic and summer seasonal features have also impacted the price of ETH," he said. "While Bitcoin is a digital gold hedge, Ethereum

blockchain crypto cryptocurrency ethereum Spot ETF Debuts Successfully (Spoted Crypto)

ETH Spot ETF Debuts Successfully...Sustained Success Unclear

Bloomberg reported on April 24 that "Nine U.S. ETH spot ETFs surpassed $1 billion in trading volume on their first day of trading in what could be considered a blockbuster debut. However, it's unclear if the box office record can be sustained." "The rationale

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