Canada’s newest altcoin exchange-traded funds have raced to category leadership, with the Solana-focused SOLQ crossing C$300 million in assets under management (AUM) and the XRP-focused
Futures-based exchange-traded funds tied to Solana and XRP have accumulated almost $3 billion in assets under management amid market anticipation for potential spot ETF approvals.
Solana Labs co-founder Anatoly Yakovenko has opposed Cardano’s leadership’s new proposal to convert part of its treasury into Bitcoin. In a June 16 post on