- SOL is trading at $148, which has jumped by 6% since the filing went live.It marks the first Solana ETF registration in the U.S.
As a researcher with a background in cryptocurrencies and exchange-traded funds, I’m thrilled to see the latest development in the world of digital assets. The recent filing by VanEck for a Solana (SOL) ETF registration in the United States is an exciting turn of events.VanEck, the asset management firm, has submitted an S-1 form to the SEC for creating a Solana (SOL) ETF. This announcement led to a significant surge of over 6% in the price of Solana.
Six days after the debut of a comparable ETF for Solana in Canada, the first such registration has been filed in the United States.
The Security and Exchange Commission (SEC) gave its approval for the first bitcoin (BTC) exchange-traded fund (ETF) in February, while an ether (ETH) ETF seems imminent. Analysts anticipate that these ETH ETFs could attract approximately $5 billion in net inflows within the initial five months.
VanEck underwent a similar process when initially filing for its ether (ETH) ETF.
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2024-06-27 16:38