Bloomberg Senior ETF Analyst: Solana ETF may be approved by mid-March 2025 at the latest
Senior Bloomberg ETF analyst Eric Balchunas explained on social media platform X on Wednesday that it appears the final deadline for Solana ETF is mid-March 2025. But from now until then, the most important date is November. If Biden wins, these ETFs are likely to be phased out. If Trump wins, anything is possible.
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Ahead of the UK interest rate decision, the central bank governor downplays inflation threat: secondary effects remain "relatively moderate".
With the Bank of England's interest rate decision approaching on September 17, Governor Bailey stated at the Jackson Hole Symposium that the labor market remains persistently weak and that second-round inflation effects are moderate, saying, "We can continue to observe this situation." At the symposium, MPC member Mann, who supported a rate hike in July, warned that the spillover effects from the US and the rising dominance of the US dollar pose potential shocks to the transmission of the UK's monetary policy. The market has already priced in a 25 basis point rate hike by the UK this year, with bets on another hike next spring.
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