VanEck exec reassures followers Solana ETF application “remains in play.”
VanEck and 21Shares 19b-4 filings for Solana ETF have been removed from the CBOE website which has sparked speculation the application for the products may have been withdrawn.
Despite the filing removal, Matthew Sigel, the head of digital assets research at VanEck, reassured followers on X that the ETF application remains active, adding that, “ours remains in play.”
Some have noticed that the 19b-4 for the VanEck Solana ETF has been removed from the CBOE website.
Remember that Exchanges like Nasdaq & CBOE file rule changes (19b-4) to list new ETFs. Issuers like VanEck are responsible for the prospectus (S-1). Ours remains in play. https://t.co/9rbSHciSdy— matthew sigel, recovering CFA @MrMoon August 19, 2024
The US Securities and Exchange Commission’s (SEC) deadline to either approve or reject the applications is March 2025. 21Shares was unavailable for comment on the status of its Solana ETF filing.
The approval of spot Bitcoin and Ethereum ETFs by the SEC this year has built up hopes that Solana could be next, with many experts remaining pessimistic.
