The post Solana News: Rothschild and PNC Financial Disclose SOL ETF Holdings com. Rothschild and PNC disclose holdings in Solana ETF as $336M flows into Solana ETFs, signaling growing institutional interest in SOL. Rothschild Investment and PNC Financial Services have disclosed their holdings in the Solana ETF. This news comes as spot Solana ETFs continue to show strong inflows, despite the volatility in the broader crypto market. These disclosures signal growing interest from traditional financial institutions in Solana, further highlighting the growing adoption of the cryptocurrency. Rothschild Investment’s Move into Solana ETF Rothschild Investment, a major player in traditional finance with $1. 5 billion in assets under management, has revealed its holdings in the Volatility Shares Solana ETF (SOLZ). According to the latest filing with the U. S. Securities and Exchange Commission, Rothschild has acquired 6, 000 shares in the ETF, valued at approximately $132, 720. This marks a strategic move into Solana, which has been gaining traction as a promising blockchain network for decentralized applications. Rothschild’s involvement in the Solana ETF is part of a broader trend of institutional interest in crypto-based investment products. The firm already holds shares in other prominent crypto ETFs, such as the BlackRock iShares Bitcoin ETF (IBIT) and Grayscale Ethereum ETF (ETHE). This latest investment highlights the growing confidence in Solana’s potential as part of diversified crypto portfolios. Increased Interest in Solana as an Investment The interest from Rothschild and PNC Financial Services follows a trend of growing institutional investment in Solana. Investors have been increasingly shifting their attention from Bitcoin ETFs to Solana, drawn by the higher staking rewards offered through Solana ETFs. The Bitwise Solana Staking ETF (BSOL) and Grayscale Solana ETF (GSOL) have seen notable inflows in recent weeks, further reflecting the growing interest in Solana. Reports indicate that the Bitwise Solana Staking ETF has received over $323 million in inflows, with the Grayscale Solana ETF also.
Tag: traditional financial institutions
The post Stablecoins to hit $1. 9T as trust surpasses fees in exchanges appeared com. Homepage > News > Finance > Stablecoins to hit $1. 9T as trust surpasses fees in exchanges A Citi (NASDAQ: C) report has predicted that the stablecoin market will achieve a $1. 9 trillion valuation by the end of the decade in its base case scenario, while leaving room for an additional growth spurt. Citi analysts disclosed that stablecoins are the ChatGPT moment for the institutional adoption of blockchain. Akin to the rise of artificial intelligence (AI) chatbots, the report tips stablecoins to record a high growth in valuation in the coming years. While Citi analysts have forecasted a $1. 9 trillion base case for the asset class, the report predicted that stablecoins can climb to $4 trillion by the end of 2030 in its bull case scenario. The global stablecoin market capitalization sits at $307 billion, rising from $200 billion at the start of 2025. Citi is pinning its prediction on the 58% growth notched by stablecoins in 2025 alone, with analysts forecasting that the trend will continue until the end of the decade. Apart from a strong 2025, Citi analysts have highlighted a streak of stablecoin project announcements in the ecosystem. Early in the year, Trump-backed World Liberty Financial (WLF) threw its hat into the stablecoin race with the launch of USD1, with a raft of U. S.-based financial institutions planning their stablecoin rollouts. Citi noted that the flurry of announcements stemmed from fresh regulatory support in the U. S., which was highlighted by the signing of the GENIUS Act by U. S. President Donald Trump. While use cases have surged from domestic and cross-border payments, Citi notes that the stablecoin boom will not completely overhaul the financial system. However, analysts refer to the innovation as continued progress toward smarter finance. We dont believe crypto will burn down the existing system, read the Citi.