VanEck files for Solana ETF ☀️

The price of SOL soared after VanEck filed for the first U.S. Solana ETF.

Author

Stephen Graves
June 27, 2024

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📝 What you need to know

Asset manager VanEck has filed an S-1 registration statement for the “VanEck Solana Trust,” the first attempt to launch a U.S. spot Solana ETF.

The price of Solana’s SOL token spiked on news of the filing, which was flagged by British Bank Standard Chartered as a likely next move following the SEC’s approval of spot Bitcoin ETFs earlier this year, and its subsequent approval of Ethereum ETF listings.

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