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Cryptocurrency News Articles

VanEck, Pudgy Penguins, and Nasdaq: A New York Minute on Crypto's Big Moves

Jun 24, 2025 at 12:01 am

VanEck rings the Nasdaq bell with Pudgy Penguins, Solana ETF hopes rise, and Tron eyes a Trump-linked Wall Street debut. Crypto's wild ride gets even wilder.

VanEck, Pudgy Penguins, and Nasdaq: A New York Minute on Crypto's Big Moves

Hold on to your hats, crypto enthusiasts! The world of digital assets is spinning faster than a New York City taxi meter. From VanEck's Nasdaq debut with Pudgy Penguins in tow, to the potential Solana ETF approval, and Tron's eyebrow-raising Wall Street play, let's break down the latest buzz with a dash of Big Apple attitude.

VanEck, Nasdaq, and a Penguin: Wall Street Warms Up

June 23, 2025, marked a milestone: VanEck, a major player in the crypto ETF game, rang the opening bell at Nasdaq. And who was there to celebrate? None other than the Pudgy Penguins mascot! This isn't just a photo op; it's a symbol of Wall Street's deepening embrace of digital assets. After years of playing it cool, big banks like JPMorgan and Bank of America are exploring crypto integration. The regulatory landscape is getting clearer, making it safer for these giants to dip their toes in the Bitcoin, stablecoin, and blockchain waters.

Solana ETF: Could VSOL Be Next?

VanEck isn't stopping there. Their proposal for a Solana spot ETF (VSOL) is listed on the Depository Trust and Clearing Corporation (DTCC) website. While it's not a done deal just yet – the SEC still needs to give the green light – it's a promising sign. Bloomberg analysts are even predicting a high likelihood of approval in the coming months, thanks to Solana's market performance and the planned launch of Solana futures contracts on the CME. Keep your eyes peeled, SOL fans!

Tron's Trump Card: A Reverse Merger with a Twist

Now, for something a little more…unconventional. Toy maker SRM Entertainment (NASDAQ: SRM) is set to transform into Tron Inc., pivoting to tokens with a $100 million injection. The kicker? This deal, orchestrated by Dominari Securities (a firm with Trump family ties), involves a reverse merger, a US listing without an IPO, and a

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