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Vennick files for sole ETF and Bluefin plans for the launch of its governance token.

You're watching Coin Desk Daily. I'm your host, Jen Sanasi.

Vanek filed for a slana ETF the first of its kind in the United States,

this six days after a similar product launched in Canada.

Seoul jumped more than 6% on the news.

The SEC approved the first spot Bitcoin ETF in January,

while an ether ETF appears to be on the near horizon. Analysts are predicting that ETH

ETFs would lower $5 billion of net inflows in the first five months. Decentralized exchange,

Bluefin plans to launch its governance token in July after securing $17 million of funding since its inception in 2020.

The exchange, which lets users trade crypto perpetual swaps on the Sween Network,

also recently received an undisclosed amount of investment from trading giant and flow traders ahead of the token unveiling.

The firm said in a statement to CoinDesk that it will use the proceeds to expand

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