#GENIUSActPass CoinShares joins the Solana ETF race as momentum around SOL grows.
CoinShares has filed an S-1 application with the United States Securities and Exchange Commission (SEC) to list a spot exchange-traded fund (ETF) for Solana (SOL). This move makes CoinShares the eighth company to file for a Solana-based ETF.
✨CoinShares Joins the Solana ETF Race.
The application came days after several leading asset management firms — including VanEck, Grayscale, Franklin Templeton, Bitwise, and others — updated their own ETF applications to include staking features.
Fidelity also filed an application on the same day, highlighting the growing institutional interest in regulated investment products for Solana, despite signals that the ETF approval might take longer than expected.