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VanEck and 21Shares have both filed for Solana (SOL) spot exchange-traded funds (ETFs) with the Chicago Board Options Exchange (CBOE). This marks the first time Solana ETFs are being proposed in the U.S. VanEck announced the filing of their 19b-4 rule change to list and trade shares of the first Solana ETF, while 21Shares followed with their own filing. The filings classify Solana as a commodity, and the decision now awaits review by the U.S. Securities and Exchange Commission (SEC).
JUST IN: @vaneck_us announces the first 19b-4 filling for the first @solana ETF in the U.S. Quickly afterward, @21Shares filed for their #SOL ETF. https://t.co/GaNgWbaLqJ
🚨JUST IN: @vaneck_us files for Solana spot ETF with @CBOE exchange. https://t.co/JgLbvHapbm
Slowly, then all at once. Bitcoin ETF opened the floodgates, now Solana ETF is upon us. https://t.co/YjAzDa1a7P