Grayscale’s ETF Approval Shakes the Market – Snorter Token Steals the Spotlight from Traders
- Why Is Grayscale’s ETF Approval a Game-Changer?
- How Does Solana Benefit From This ETF Boom?
- What’s Snorter Token’s Edge in This Market?
- FAQ: Your Burning Questions Answered
The SEC’s green light for Grayscale’s crypto ETF and relaxed ETP rules are sending shockwaves through the market—while Solana-based Snorter Token rides the hype wave. Here’s why traders are flipping bullish on both.
Why Is Grayscale’s ETF Approval a Game-Changer?
The SEC just dropped a bombshell: approval for Grayscale’s Digital Large Cap Fund (trading on NYSE Arca) and streamlined rules for crypto ETPs. This ETF mirrors the CoinDesk 5 Index—80.2% Bitcoin, 11.39% Ethereum, 4.82% XRP, 2.78% Solana, and 0.81% Cardano—marking a watershed moment for institutional crypto adoption. Analysts at BTCC note the new framework slashes approval times by standardizing custody, compliance, and risk disclosures. No more years-long courtroom dramas like we saw with bitcoin ETFs in 2024. Banks and wealth managers are now eyeing crypto ETPs like kids in a candy store.
How Does Solana Benefit From This ETF Boom?
Solana’s inclusion in Grayscale’s ETF is like rocket fuel for its ecosystem. As Grayscale scoops up SOL to balance the fund, price pumps could spill over to projects built on its blockchain—enter Snorter Token. This Solana-based memecoin trading bot (launched May 2025) has already raked in $1.45M in presale, with SNORT tokens trading at $0.0961. Think of it as a turbocharged scanner for the next 100x memecoin moonshot.
What’s Snorter Token’s Edge in This Market?
Snorter Bot isn’t just another Telegram trading tool—it’s a Solana-specialized sniper rifle for memecoin hunters. With Grayscale’s ETF validating SOL’s legitimacy, expect a developer Gold rush to its blockchain. Snorter’s roadmap (launching H2 2025) promises alpha-generating features for $NORTER holders, from real-time snipe lists to whale-watching alerts. Pro tip: Watch TradingView charts for SNORT’s presale momentum—it’s currently outpacing 90% of 2024’s meme launches.
FAQ: Your Burning Questions Answered
What’s in Grayscale’s new ETF?
The ETF tracks Bitcoin (80.2%), ethereum (11.39%), Solana (2.78%), XRP (4.82%), and Cardano (0.81%).
How does Snorter Token work?
It’s a Telegram bot that scans solana memecoins for trading opportunities—$NORTER grants full access.
When does Snorter launch?
Platform goes live late 2025, but the token presale is already cooking at $0.0961.
