Evgeny 🎩

@chipcr

164 Following

77 Followers

Evgeny 🎩 pfp

Deadline for this application is at mid-March 2025

0 reply

0 recast

1 reaction

Vitalii pfp

Great news👍 I think it can be approved by the end of the cycle. November - December 2025

0 reply

0 recast

0 reaction

Evgeny 🎩 pfp

3/ End of Summary. My take: So, VanEck has submitted an application for a spot Solana ETF, which, while anticipated, is the first of its kind. More to follow. Typically, approvals take years and require prior futures trading on CME. However, recent developments have been unusual—unexpected approval of a bitcoin ETF and a rapid start of trading within days, followed by an even more surprising approval of a spot ETF for ether. Adding to the uncertainty is the fact that the SEC considers Solana a security, which led to Robinhood delisting it. Given that crypto has become a notable topic in the upcoming election, there is a chance that the Solana ETF might be approved before the US elections. A positive aspect of the application is that no Solana will be used for staking, something the SEC would not approve. Solana jumped 7% in response, and the main Solana meme WIF also saw activity. As always, be cautious and avoid chasing pumps.

0 reply

1 recast

3 reactions

Evgeny 🎩 pfp

2/ Risks and Opportunities - Key risks include cryptocurrency market volatility, regulatory oversight, and technological risks associated with the Solana blockchain platform. - Despite these risks, VanEck believes Solana has significant growth potential due to its unique technological features and strong support from developers and investors. Target Audience and Prospects - The VanEck Solana Trust targets institutional and retail investors seeking to diversify their portfolios with cryptocurrency assets. - The trust aims to attract substantial investment due to the growing interest in cryptocurrencies and the popularity of the Solana platform. Regulatory Information - Detailed information about the trust, its structure, and associated risks is available in the filing submitted to the SEC. - The document is accessible on the official SEC website via this [link](https://www.sec.gov/Archives/edgar/data/2028541/000162828024030249/vanecksolanatrusts-1.htm).

0 reply

1 recast

3 reactions

Evgeny 🎩 pfp

VanEck Files for Solana Trust I've summarised the lengthy SEC application, so you don't have to. 1/ Overview - VanEck, a prominent investment manager, has filed with the SEC to establish the VanEck Solana Trust. - The trust aims to offer investors exposure to the cryptocurrency Solana (SOL) through traditional investment vehicles. - The trust will allow investors to purchase shares, avoiding the complexities and risks associated with direct cryptocurrency ownership. Structure and Management - VanEck will act as the sponsor and manage the trust's assets. - The Bank of New York Mellon will serve as the administrator and custodian. - As of June 24, 2024, the trust is awaiting SEC approval to commence operations. - No part of SOL can be used for staking in any form.

1 reply

2 recasts

4 reactions

Evgeny 🎩 pfp

welcome to Warpcast, bro @c0manch3

1 reply

0 recast

1 reaction

Evgeny 🎩 pfp

There's gloom all over the chats... Except for the flip-flop lovers who are already figuring out if they can afford a German car, or if they'll have to settle for a Chinese EV. And real crypto enthusiasts, especially if their portfolio hasn't seen growth in this bull run, are wondering if they're in the right field. But the market is cyclical. Sentiment will return to the trend line and the price will follow. This is likely tied to Jerome Powell's speeches and the prospects of quantitative easing in the US. As we discussed earlier, the market needs a liquidity event to turn the sentiment around. We'll keep an eye on this chart and stay tuned. Don't go anywhere.

0 reply

0 recast

0 reaction

Evgeny 🎩 pfp

Does this mean that the crypto prices will drop even further in the next couple of months? Quite possibly. Given the overall negative sentiment around VC coins with low circulation and high FDV, waning interest in meme coins, and BTC's reluctance to reach ATH. Ethereum is unlikely to see significant inflows at the start of ETF trading, and Solana will likely deflate following the declining demand for memes. The market is also facing billions of dollars in Bitcoin from Mt. Gox, the US, and German governments that need to be absorbed. It's quite possible that the third quarter will be very tough for crypto, and everything will drop as if it's a bear market, not a bull market. $44-48K for Bitcoin seems like a good zone for a market reset before the elections. Where altcoins will be is frightening to imagine.

0 reply

0 recast

0 reaction

Evgeny 🎩 pfp

Chip, tell me, up or down? The sentiment according to Kaito (the digitized mood of market participants) has dropped significantly, deviating sharply from the trend line. However, the overall market capitalization of the crypto market hasn't caught up with this drop in sentiment yet. In this case, what's the tail and what's the dog? As we can see from this chart, sentiment usually precedes price. It surged in September-October 2023, and then the price followed.

0 reply

0 recast

3 reactions

Evgeny 🎩 pfp

We are the music makers @billionsgold

0 reply

0 recast

1 reaction

Evgeny 🎩 pfp

Yeah man, check it out @billionsgold

0 reply

0 recast

1 reaction

Evgeny 🎩 pfp

We are the music makers

0 reply

0 recast

0 reaction

memes4airdrop pfp

🌹 MASSIVE PERL GIVEAWAY 🌹 rain 200000 $degen and free mint ❤️ like, recast (go apeshit) 💜 reply with "we are the music makers" 💚 tag one friend, any friend 💙 u reply, I like it, and u make money #contest #giveaway #motivation #degen https://dropframe.xyz/mint/we-are-the-music-makers.-jGyFiTSPms

2389 replies

3222 recasts

3856 reactions

Alexandr Pro DeFi @ veDAO pfp

Alexandr Pro DeFi @ veDAO

If you missed $PENDLE, there are 2 more ideas: mPENDLE discount and $PNP trade https://warpcast.com/hell0men/0xab81e27c

0 reply

0 recast

2 reactions

Evgeny 🎩 pfp

Chlorophyll infused water and lion's mane mushroom microdose

0 reply

0 recast

1 reaction

✨Valeria🩷✨ pfp

✨Valeria🩷✨

https://x.com/jessielera/status/1794417706613281055 Support my SpiderMON 🕷💜 :)

1 reply

0 recast

6 reactions

Roman pfp

I just nominated @chipcr for /build because the best;)

1 reply

1 recast

1 reaction

Stay Pilled pfp

PILL WHEEL HERE! 🌀 Spin to earn points, exchangeable for $PILL tokens at season's end. 🌞 Season 1: May 23 - June 6. ✨ Invite friends for free spins. Spins expire every 24 hours. 📖 For more info, read the Rules section or DM us. We built this with @eat LFG! https://pillonbase.vercel.app/

71 replies

10057 recasts

10873 reactions

alex pfp

🌀 Cast and get 3 free spins to earn points. Points will be exchanged for tokens at the end of the 1st season. 🫂 Get 3 more spins for each friend you invite. Read the «Rules» section to learn more. ☀️ Enter Onchain Summer with /pill

1 reply

55 recasts

60 reactions

Alexandr Pro DeFi @ veDAO pfp

Alexandr Pro DeFi @ veDAO

Increasing the maximum number of characters in casts is a good idea for improvement Yes - ❤️ No - ♻️

1 reply

0 recast

4 reactions