News Explorer — VanEck Files to Launch First Solana ETF in United States

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Jun 27, 1:38 pm

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VanEck Files to Launch First Solana ETF in United States

VanEck has filed an S-1 registration statement for the "VanEck Solana Trust," which aims to launch a spot Solana (SOL) ETF in the US. The ETF will reflect the performance of the SOL price by backing its shares directly with SOL tokens. The filing follows the SEC's approval of applications for spot Ethereum ETFs, which could go live next week.

VanEck has filed an S-1 registration statement for the "VanEck Solana Trust," which aims to launch a spot Solana (SOL) ETF in the US. The ETF will reflect the performance of the SOL price by backing its shares directly with SOL tokens. The filing follows the SEC's approval of applications for spot Ethereum ETFs, which could go live next week.

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