Cryptocurrency Live News & Updates : Strong Inflows for Solana Staking ETF on Debut


The cryptocurrency market is witnessing significant developments as the Rex-Osprey Solana+Staking ETF (SSK) made a notable debut, attracting approximately $12 million in inflows and achieving a trading volume of $33 million. This ETF aims to generate returns by staking a substantial portion of its assets, although institutional interest in Solana remains nascent, according to Bitwise's Juan Leon. Meanwhile, China Minmetals Corporation has issued a warning against fraudulent activities misusing its name, clarifying that it has no ties to unauthorized entities or Bitcoin investment schemes. In legislative news, U.S. Treasury Secretary Besent anticipates that forthcoming stablecoin regulations will bolster demand for U.S. Treasury bonds, potentially reshaping the financial landscape. Additionally, on-chain analyst Ai