$SOL Several asset management firms have already filed applications to list Solana ETFs on the US market.
VanEck: VanEck filed the application for the VanEck Solana Trust in June 2024.
Grayscale: Grayscale filed the application to convert its Solana Trust into an ETF in December 2024.
21Shares: 21Shares filed the application for the 21Shares Core Solana ETF in June 2024.
Bitwise: Bitwise filed the application for the Bitwise Solana ETF in November 2024.
Canary Capital: Canary Capital filed the application for the Canary Solana ETF in October 2024.
The SEC has not yet approved any of these applications, but this could change in 2025. It is worth keeping in mind that some of the largest ETF issuers have not filed for a Solana ETF so far; There has not been an application for a Solana ETF from BlackRock, and Fidelity has not filed an application for such an investment product either.
As of January 25, 2023, Solana has made significant progress in both blockchain trading volume and traditional finance. According to the latest data from SolanaFloor, the trading volume in the past 24 hours on the Solana blockchain reached $1.322 billion, accounting for 52.04% of the total trading volume in the market, surpassing the total trading volume of all other blockchains and ranking first. The second place was occupied by 38,898,780,278 with a trading volume of $4.37 billion in 24 hours, accounting for 12.11%. Next are Binance Smart Chain (BSC) and Arbitrum. Solana’s top results once again demonstrate its advantages as a high-performance blockchain with transaction speed and low cost that attracts more and more developers and users on the go.