Solana ETF Update: Grayscale, Fidelity, Others Files S-1 With Staking, Approval Expected in Two Weeks

- World Liberty Financial (WLFI) executed a $1.43M token burn after a 99% community vote, aiming to reduce supply and stabilize prices. - The Trump-linked DT Marks DEFI LLC holds 22.5B tokens, raising concerns over conflicts of interest and early investor advantages. - WLFI’s price dropped 38% from its peak but rose 6% recently, with plans for a debit card and Bithumb partnership to expand adoption. - Analysts remain skeptical about the long-term effectiveness of buyback-and-burn tactics without broader ad

- Moody’s warns stablecoin adoption in emerging markets threatens monetary sovereignty and financial stability by undermining central bank policies. - Rapid growth of dollar-pegged stablecoins enables capital flight, exchange rate instability, and systemic risks through unregulated cross-border transactions. - Fragmented global regulation exacerbates vulnerabilities, as only 1/3 of countries have comprehensive digital asset frameworks to address stablecoin risks. - While stablecoins offer financial inclusi

- Ethereum-based DATs face valuation stress as mNAV ratios fall below 1, limiting new share issuance and crypto expansion. - Staking yields provide partial relief for Ethereum DATs, boosting mNAV by ~0.6 points, but broader market pressures persist. - mNAV compression accelerates sector consolidation, with only large DATs accessing low-cost funding or staking advantages likely to survive. - Ethereum’s 3.1% circulating supply control makes DAT health critical for crypto demand, with Q4 ETH price trends dete

- Bitwise files SEC Form 8-A for a Solana (SOL) spot ETF, joining Grayscale, Franklin Templeton, and others in accelerating regulatory engagement. - Analysts predict potential approvals within weeks as coordinated issuer efforts intensify dialogue with the SEC, despite delayed decisions on recent applications. - Market confidence grows with $360M in Solana-linked ETF inflows, though a 7.7% price drop highlights regulatory and macroeconomic uncertainties. - Staking-enabled ETFs and competitive differentiati