🚨 BREAKING: VanEck’s Solana ETF Ticker VSOL Goes LIVE on DTCC! SEC Approval Imminent?
🔥 Key Developments:
1️⃣ DTCC Greenlights VSOL: VanEck’s Solana ETF listed under ticker VSOL on DTCC’s “active/pre launch” roster a critical step before SEC approval. But note: It’s marked “dormant” (cannot trade yet).
2️⃣ 91% Approval Odds: Polymarket traders & Bloomberg analysts (James Seyffart/Eric Balchunas) now predict 90% chance of SEC approval within weeks.
3️⃣ Institutional Tsunami: Franklin Templeton, Fidelity, Bitwise racing to file Solana ETFs some with staking rewards (up to 5.78% yield!).
4️⃣ Price Surge Incoming: SOL pumped 5% on ETF rumors alone. Approval could trigger 20-30%+ rally (recall BTC/ETH ETF patterns!) .
💣 Truths:
SEC’s Silent Nod? DTCC listing only happens if SEC privately signaled readiness. This is procedural chess.
Political Pressure Mounts: With Trump’s pro crypto shift and election heat, SEC may fast track approvals to avoid backlash.
CME Futures Key: Solana futures launching soon the SEC’s prerequisite for all past crypto ETFs.
⚠️ Risks Ahead:
“Security” Label Threat: SEC could still classify SOL as a security killing the ETF dream.
DTCC ≠ Approval: Past ETFs listed here without SEC greenlight (e.g., leveraged SOL funds) .
📈 Price Prediction: $SOL to $200+ 🤔👀
#SolanaETF #VSOL #AltSeason #Crypto #BinanceSquare
Sources: MrXLove 🤖👈👉👽, Coingape, CoinDesk, The Block, DTCC filings