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The listing comes just days after the Securities and Exchange Commission requested that applicants for Solana ETF submit amended S-1 registration statements.
The planned Solana exchange-traded fund (SOL) by VanEck has been listed with the Depository Trust & Clearing Corporation (DTCC) under the symbol VSOL, marking another step in integrating Solana exposure for traditional investors.
According to DTCC records, the fund is classified as "VANECK SOLANA TR COM SHS BEN INT" and falls under the settlement category "D", which is an industry standard indicating eligibility for electronic trading and clearing once regulatory and exchange approvals are secured.
Solana, a high-speed blockchain network designed for scalable decentralized applications, has gained significant attention as an alternative to Ethereum due to its low transaction costs and a growing ecosystem of developers.
Although instant Solana ETF funds have not yet been approved for trading in the United States, several asset managers have submitted proposals to the Securities and Exchange Commission to offer such products once the regulatory landscape allows.
VanEck is a leading company in cryptocurrency investment products, currently managing ETFs in Bitcoin and Ethereum futures, and has launched several digital equity funds globally.
The inclusion of VSOL reflects the company's broader strategy to expand investor access to emerging layer-one blockchain networks through structured vehicles.
VanEck has not announced the official launch date for trading VSOL.
The listing comes just days after the U.S. Securities and Exchange Commission requested that applicants for Solana ETFs submit amended S-1 registration statements. This move has prompted some firms to file new applications in an attempt to keep pace.
The filings were scheduled to be submitted by mid-June, and the Securities and Exchange Commission stated that it plans to respond within about 30 days.
Bloomberg analysts believe that if the amended filings are processed quickly, it may be possible to obtain an approval period ranging from three to five weeks, which could pave the way for a launch in July.
