Solana’s first staking ETF outpaces XRP and ETH futures in opening day performance
Happy Thursday!
Solana's first-ever staking ETF, SSK, made a splashy debut—soaring into the top 1% of ETF launches with $33 million in trading volume and easily outpacing both $XRP and $ETH futures on opening day. Meanwhile, OpenAI is distancing itself from Robinhood's "OpenAI tokens," warning investors these products lack any official approval or equity backing. And in a regulatory twist, the SEC has put Grayscale's multi-asset crypto ETF launch on ice, despite granting conversion approval. Read on for today's top stories.
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The global crypto market cap is $3.37 trillion, with a 24-hour volume of $135.47 billion. The price of Bitcoin is $109,272.45, and BTC market dominance is 64.5%. The price of Ethereum is $2,574.42, and $ETH market dominance is 9.2%. The best-performing sector is Gambling, which gained 12%. The Crypto Fear & Greed Index is currently Greed (73).
Solana’s first staking ETF outpaces XRP and ETH futures in opening day performance
SSK's debut day outshines contenders, ranking in top 1% of ETF launches with $33 million in trading volume.
📰 Top News
OpenAI disavows Robinhood’s ‘OpenAI tokens,’ says demo stock was not approved and has no equity backing
OpenAI’s comment follows Robinhood’s June 30 event in Cannes, France, where CEO Vlad Tenev demonstrated a tokenized stock trade for an “OpenAI” position.
SEC temporarily halts Grayscale’s multi-asset crypto ETF debut despite conversion greenlight
According to James Seyffart, the regulator could be waiting to formalize a framework to fast-track crypto ETF approvals before give full clearance to Grayscale.
Canadian fintech Mogo’s $50M Bitcoin reserve plan ignites 140% share surge at market opening
CEO David Feller linked the policy to Mogo’s “Warren Buffett” behavioral framework, which stresses long-horizon decisions and mental focus.
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