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VanEcks Never Ending Quest to Make You Lose Money in a Solana ETF Continues Unabated

Crypto NewsFeaturedInstitutional Investors 1 Doug Martinez August 20, 2024

An illustration of a never-ending staircase with each step representing an ETF, leading up to a sign that reads "Solana" and has been partially torn away from its base; in the background, a cityscape is visible through broken windows. A figure at the top of the stairs looks down upon it all while holding onto a rope tied around their waist as they slide back towards the bottom step. The staircase's railings are made up of tiny dollar signs and coins that seem to be falling off into an abyss below, with some stuck in the cracks between steps.

Just when you thought it was safe to get back into cryptocurrency, VanEck comes along and reminds us all that Solana is still a thing. Because what we really need in life are more ETFs for worthless cryptocurrencies.

Source: cointelegraph

Solana ETF ‘still in play’ despite Cboe filing removal — VanEck exec
https://cointelegraph.com/news/solana-etf-still-play-despite-cboe-filing-removal-vaneck-exec
Asset manager VanEck’s plans for a Solana exchange-traded fund (ETF) are “still in play” despite the removal of Cboe Global Markets’ regulatory filing proposing to list the fund on its exchange, according to an X post by Matthew Sigel, VanEck’s head of digital assets research. “Some have noticed that the 19b-4 for the VanEck Solana ETF has been removed from the CBOE website,” Sigel said, adding: On July 9, national securities exchange […]

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Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

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About the author

Doug Martinez

Doug’s foray into NFTs was a monumental disaster, losing his entire life savings on digital junk that turned out to be worthless. Fueled by a mix of rage and disbelief, Doug crafts scathing, darkly comedic articles about the NFT madness. His writing cuts through the hype with bitter clarity, exposing the folly of the NFT craze. When he's not raging about his losses, he’s probably still trying to comprehend why he fell for this ludicrous scam.

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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