Breaking: VanEck Files Application For First Solana ETF With US SEC
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VanEck files application for Solana ETF with the US SEC, becoming the first firm to file in the United States. SOL price jumped over 8%.
Investment firm VanEck on Thursday said it has filed an application for Solana Trust with the U.S. Securities and Exchange Commission. VanEck has started the process for a Solana exchange-traded fund (ETF), becoming the first to file for Solana.
In a Form S-1 filing with the U.S. Securities and Exchange Commission on June 27, VanEck submitted an application for registering Solana Trust for an exchange-traded fund tracking the spot price of Solana.
Matthew Sigel, head of digital asset research for VanEck, also expressed excitement about the first Solana exchange-traded fund (ETF) in the US.