VanEck | ForkLog

ForkLog 76 14.12.2024

VanEck Predicts Ethereum at $6000 and Solana at $500

At the peak of the current bull cycle, the price of the second-largest cryptocurrency by market capitalization will exceed $6000, while Solana and Sui will reach $500 and $10, respectively. This forecast was made by VanEck specialists. “After this peak, we expect a 30% correction in the price of Bitcoin. Meanwhile, altcoins may fall more […]

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ForkLog 17 23.11.2024

VanEck Reaffirms $180,000 Bitcoin Forecast

The target price for the leading cryptocurrency in the current cycle is set at $180,000, confirmed VanEck specialists, reiterating their September forecast. Analyst Nathan Frankovitz and Head of Digital Asset Research Matthew Sigel are confident that the next phase of the bull market is just beginning. In their view, several key indicators point to this. […]

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ForkLog 7 17.11.2024

VanEck Predicts High Likelihood of Solana-ETF Approval by 2025

The U.S. Securities and Exchange Commission (SEC) is expected to approve spot Solana-ETFs by the end of 2025, according to Matthew Sigel, head of digital asset research at VanEck, in a comment to the Financial Times. “I think the chances of Solana-ETF approval by the end of next year are extremely high,” he said. Sigel […]

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ForkLog 15 10.11.2024

VanEck CEO Predicts Bitcoin to Reach $300,000

The price of the leading cryptocurrency will reach $300,000, according to VanEck CEO Jan Van Eck in an interview with CNBC. “Bitcoin will reach a new all-time high today [November 8], and I think it will continue to rise. Ultimately, I believe Bitcoin’s market cap will reach half that of gold, which means about $300,000 […]

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ForkLog 19 02.08.2024

VanEck CEO Predicts Bitcoin Could Reach $350,000

The maturation of the leading cryptocurrency will eventually see its market capitalization reach half that of gold, according to VanEck CEO Jan van Eck in an interview with Fox Business. VanEck CEO: Bitcoin will hit $2.9M by 2050https://t.co/V3QLjWk3WG — FOX Business (@FoxBusiness) August 1, 2024 Based on the current market capitalization of gold, this forecast […]

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ForkLog 12 25.07.2024

VanEck Predicts Bitcoin Could Reach $2.9 Million by 2050

According to VanEck’s “base scenario,” the price of the leading cryptocurrency could reach $2.9 million by 2050, driven by its adoption as a global medium of exchange and reserve currency. We outline the scenarios and assumptions for 7-figure #Bitcoin driven by its role as a global medium of exchange and reserve currency supported by Bitcoin […]

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ForkLog 13 03.07.2024

VanEck Ties Solana-ETF Launch to US Election Outcomes

Matthew Sigel, Head of Digital Asset Research at VanEck, opined that the prospects for launching a spot ETF based on Solana largely hinge on the outcome of the upcoming US presidential elections and whether Gary Gensler remains at the helm of the SEC. This was reported by Decrypt.

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ForkLog 15 27.06.2024

VanEck Files for Solana ETF, Boosting SOL Price

Investment firm VanEck has submitted a SEC application to register an exchange-traded fund based on the cryptocurrency Solana (SOL). According to the application, the VanEck Solana Trust will track the performance of the network’s native token using the Solana Benchmark Rate index from MarketVector Indexes. This benchmark represents aggregated data from five leading centralized trading […]

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ForkLog 6 25.06.2024

Bernstein Predicts Lower Demand for Ethereum ETFs

Spot exchange-traded funds (ETFs) based on Ethereum are expected to see less demand compared to their Bitcoin counterparts due to the absence of staking. This is according to a report by CoinDesk, citing Bernstein. Analysts believe that upon the launch of ETH-ETF trading, funds will be attracted from the same interested parties, albeit on a […]

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ForkLog 12 17.06.2024

Australia’s Stock Exchange to Launch First Spot Bitcoin ETF

On June 20, the Australian Stock Exchange (ASX) will witness the debut of its first spot Bitcoin ETF. The product from VanEck has been approved for trading, while applications from other issuers are still under review, according to Bloomberg. BetaShares Holdings Pty and DigitalX Ltd are awaiting approval. A representative from the former informed the […]

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ForkLog 6 06.06.2024

VanEck Raises Ethereum Forecast to $22,000

Influenced by news of exchange-traded funds and scaling developments, VanEck analysts have revised their Ethereum forecast for 2030, now anticipating prices of $22,000. We’ve raised our 2030 ETH price target to $22K, influenced by ether ETF news, scaling progress, and our read of onchain data. Additionally, we’ve analyzed how ETH and BTC perform in both […]

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ForkLog 10 14.05.2024

VanEck’s Bitcoin ETF Attracts $109 Million in Early 2024

The VanEck Bitcoin Trust (HODL) ETF garnered $109 million in the first quarter of the year. Assets under management increased to 8711 BTC ($619.1 million), according to the report. The net realized profit for the structure during this period reached $6 million, with total liabilities estimated at $20 million. “The trust pays the sponsor a […]

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