Following Cboe BXZ’s official filings to list VanEck and 21 shares of Solana ETF and the submission of amended Ethereum ETF filings by notable asset companies, both Solana (SOL) and Ethereum (ETH) have witnessed a price rise.
However, the news has also boosted the adoption of RCO Finance (RCOF), which is poised to witness a potential 3000% rally.
Are you curious to know how? Keep reading to find out!
What you'll learn 👉
RCO Finance: AI Trading, Privacy, Real Assets
RCO Finance (RCOF) is an Ethereum-based cryptocurrency that aims to make trading more personalized and accessible through artificial intelligence.
The RCO Finance platform combines decentralized finance (DeFi) with traditional markets by allowing users to purchase stocks, bonds, and other real-world assets directly using cryptocurrency without first converting to fiat currency.
Through a non-KYC approach, RCO Finance protects users’ privacy and data. Comprehensive and regular smart contract audits by SolidProof, one of the best security firms, also help ensure the security of funds.
RCO Finance utilizes a fully automated AI trading tool called robo-advisor to generate personalized trading strategies tailored to each investor’s risk tolerance and financial goals. This helps users make better-informed decisions and eliminates the need for intermediaries.
Investors have access to over 120,000 tradable assets across 12,500 categories worldwide. RCO Finance also offers discounts of up to 40% on all trading fees. Additional incentives like low-interest borrowing and lending help retain investors on the platform long-term.
Solana ETF Awaits SEC Approval Boost
The Chicago Board Options Exchange (Cboe) BZX exchange has filed applications to list VanEck and 21Shares’ Solana ETFs, pending SEC approval by March 2025. Cboe already lists six spot Bitcoin ETFs and plans to list five spot Ether ETFs.
Industry analysts expect SEC approval for Ethereum ETFs soon, potentially boosting confidence in Solana ETFs. If approved, these ETFs will track Solana’s (SOL) spot price and could ignite a significant price rally for the coin.
Solana (SOL) has already started witnessing this rally with a market capitalization of $ 63.54B and a 24-hour trading volume of $ 6.69B. The SEC’s approval could lead to other altcoins emulating Solana’s success in the coming weeks.
SEC Approval Could Skyrocket Ethereum
On May 23, the SEC approved spot Ethereum ETF filings from eight asset managers, including VanEck, 21Shares, and Bitwise. After amendments, VanEck and 21Shares resubmitted their S-1 registrations on July 8 for final SEC approval.
They plan to list shares “as soon as practicable” after approval. Bitwise likewise filed an amended registration on July 3. Experts predict more filings within the week, with final approvals anticipated in July, according to SEC Chair Gary Gensler’s hints at summer approvals.
Following this news, experts speculate Ethereum (ETH) might surge up to 3000% in the coming weeks. The market hints at a bullish reversal, with Ethereum (ETH) trading above the 200-day SMA and rising 0.64% in the last 24 hours, likely influencing other altcoins.
RCO Finance Presale Soars On ETF News
Being an ERC-20 token, the news of Ethereum ETFs has boosted RCO Finance’s (RCOF) presale momentum. Over 45 million of the total 98 million stage 1 tokens sold, as more investors join the presale for substantial gains.
RCO Finance (RCOF) is another altcoin poised to witness a potential price rally of up to 3000% with its official token launch, which analysts forecast would trade at an altcoin price of $0.4–$0.6.
However, investors who join the presale now can purchase the tokens at an affordable price of $0.01275 per token. Using the RCOF30 code, they still get a 30% discount on the entry price. Don’t wait anymore; join the RCO Finance (RCOF) presale now!
For more information about the RCO Finance (RCOF) Presale:
Join The RCO Finance Community
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