
Bitpanda GmbH, a cryptocurrency exchange, is considering an initial public offering (IPO) in Frankfurt, potentially valuing the company at $4 billion. This move comes as institutional interest in cryptocurrency continues to rise, particularly in Solana (SOL) staking. Notably, firms such as 3iQ and VanEck are increasingly engaging in this area, with VanEck recently partnering with Kiln to offer SOL staking rewards. The partnership is viewed as a significant step toward mainstream adoption of digital assets. Additionally, the New York Stock Exchange (NYSE) is seeking to list the Grayscale crypto index ETF, which has an estimated value of $565 million. The Grayscale Digital Large Cap Fund, which holds approximately 77% Bitcoin (BTC), 17% Ethereum (ETH), and smaller percentages of Solana (SOL), XRP, and Avalanche (AVAX), has also filed to convert into an ETF, with the SEC now soliciting public comments on the matter.
NYSE Arca seeks SEC approval for Grayscale’s crypto index ETF via @cs_saaj https://t.co/nI4ZoDBqlb
Another firm has filed to launch a spot Solana ETF in the United States, as momentum grows following this year's Bitcoin and Ethereum approvals. https://t.co/rYBL8JVQnG
$SOL ETF is next https://t.co/Zn7XspqGGu



