Cryptocurrencies

Bitcoin Eclipsed by Ether, Solana in Crypto Bets Tapping ETF Hype

  • Investors view listing approval for US Ether ETFs as imminent
  • A VanEck filing for a Solana ETF sparked a rally in the token
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Bitcoin’s performance is starting to be overshadowed by the Ether and Solana tokens as hype around US cryptocurrency exchange-traded funds shifts to the two smaller digital assets.

Solana surged the most in over a month on Thursday after fund manager VanEck filed an application to start an ETF for the token. Ether has pulled ahead of Bitcoin this year as final approvals for funds focused on the coin come closer.