SEC might approve a Solana ETF

What we’ll cover today:

📊 Dow pops 105 pts as U.S.–China talks hit London

💥 Ethereum open interest hits ATH — volatility brewing

☀️ Solana ETF approval? SEC might greenlight by July

Dow Jumps as U.S.-China Talks Heat Up 🇺🇸🇨🇳

The U.S. and China are back at the trade table in London while Wall Street and Beijing markets hold their breath.

🚨 Breaking News:
Dow rose 105 points Tuesday as U.S.–China trade talks entered Day 2 with “really well” vibes—but cautious investors.

⚡ Wire Simplified:

• Dow up 0.25%, S&P 500 up 0.55%, Nasdaq leading with 0.63% gain.

• U.S. wants access to China’s rare earths; China wants U.S. semiconductors.

• U.S. Commerce Secretary sounds hopeful, but Trump says “China’s not easy.”

• Chinese stocks dipped—nervous energy is real on both sides.

• CPI report drops Wednesday. Inflation and Fed moves could shake things further.

✔️ Straight to the Point:
Markets are tiptoeing as trade talks unfold. There's hope, but investors aren’t breaking out the party hats just yet.

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Ethereum Traders Are Getting Anxious 👀

Ethereum’s open interest on Kraken just hit a record high—Kraken, ETH traders, and ETF inflows are stirring up action.

🚨 Breaking News:
Ethereum open interest hit 30K ETH on Kraken, hinting at major price moves—up or down, no one knows yet.

⚡ Wire Simplified:

• Kraken’s ETH contracts hit all-time open interest: 30,000 ETH.

• Institutional inflows via Ethereum ETFs might be fueling the fire.

• Market shows no clear direction—just... vibes and volatility.

• Long/short ratio isn’t at past highs, so traders are cautious.

• Staked ETH hits 34.65M—28.7% of total supply. Staking boom + ETF love.

✔️ Straight to the Point:
Ethereum’s calm is fake. With ETFs and traders circling, a big move is coming—no one knows which way.

Solana ETF Could Be Approved This Summer ☀️📈

The SEC and asset managers like VanEck and Fidelity are inching closer to making Solana ETFs a real thing.

🚨 Breaking News:
SEC might approve a Solana ETF in 3–5 weeks—staking could be included. Filings and reviews already underway.

⚡ Wire Simplified:

• SEC asked issuers to update Solana ETF filings by next week.

• Staking may be allowed—big win for DeFi fans.

• VanEck, Grayscale, Bitwise, and more are ready to launch.

• Approval could come by July, but deadlines stretch to October.

• CME’s SOL futures are already live—another green flag for ETF go-ahead.

✔️ Straight to the Point:
Solana might follow in Bitcoin and Ethereum’s ETF footsteps. If approved, expect a SOL rally and lots of ETF buzz.