🗞️ Solana ETFs Closer to Approval as Grayscale and VanEck Reveal Fund Fees.
📰Summary: Solana ETFs in the United States are moving closer to becoming a reality after asset managers Grayscale and VanEck submitted amended S-1 filings to the U.S. Securities and Exchange Commission (SEC). These updated documents include key details such as fund fees, custodians, staking structures, and operational specifics. Market analysts view this as a significant step toward regulatory approval.
If approved, these would be the first ETFs to allow retail investors in the U.S. to gain direct exposure to Solana (SOL)—currently the fifth-largest cryptocurrency by market capitalization.
Source: Mitrade News, August 1, 2025