#SOLETFsOnTheHorizon
#SOL
Several investment firms have recently filed applications to launch exchange-traded funds (ETFs) linked to Solana (SOL), reflecting the growing interest in providing investors with regulated ways to access the cryptocurrency.
In June 2024, VanEck filed to list the first U.S. ETF based on the Solana spot price, aiming to give investors direct exposure to the market price of SOL without having to own the cryptocurrency directly.
Following VanEck’s initiative, 21Shares also filed for regulatory approval in the United States to offer an ETF linked to the Solana spot price.
In November 2024, the Chicago Board Options Exchange (CBOE) filed four 19b-4 applications with the U.S. Securities and Exchange Commission (SEC) on behalf of asset managers Bitwise, VanEck, 21Shares, and Canary Capital, seeking approval to list ETFs based on the Solana spot price.
As of January 26, 2025, these applications are still under review by the SEC, and the regulator’s decisions are expected later this year, potentially providing investors with new opportunities to access Solana via traditional financial instruments.
Solana (SOL) is currently trading at around $251.28.
