[ETF analyst questions how Canary’s TRUMP fund ‘gets through’]
Analyst Eric Balchunas says exchange-traded funds must have a futures product live for at least six months, which Canary doesn't have for its TRUMP fund.

<p><img src="https://static.fwimg.io/img/1px.png" alt="ETF analyst questions how Canary’s TRUMP fund ‘gets through’"></p><p>Analyst Eric Balchunas says exchange-traded funds must have a futures product live for at least six months, which Canary doesn't have for its TRUMP fund.</p>

ETF analyst questions how Canary’s TRUMP fund ‘gets through’

President Trump's move to fire Lisa Cook could be the final piece of the puzzle he needs to control the Fed. If successful, he could restructure the FOMC and approve rate cuts without...

Could Donald Trump Take Over the Fed After Firing Lisa Cook?

Besides XPL, Hyperliquid whale are suspected of still attempting to apply a short squeeze strategy to WLFI, but this hasn't resulted in significant cascading liquidations. The price of the Hyperliquid WLFI contract spiked to 0.43 between 6:25 and 6:30 UTC+8 before quickly falling back. Binance saw no significant fluctuations during the same period. Both XPL and WLFI are assets with uncirculated tokens and relatively clear launch dates, leading to a significant number of users hedging their short positions using pre-market perpetual swaps.

The price of Hyperliquid WLFI contract once soared to 0.43, and then quickly fell back.

[SOL could rally to $250 if three key factors align]
To hit $250, SOL needs to see an uptick in onchain activity, demand for buy-side leverage and a resolution of the SEC’s Solana ETF decision.