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21Shares Files S-1 for Spot Solana ETF to be Listed on Cboe Exchange
Jun 28, 2024, 04:09 PM
21Shares has officially filed for a spot Solana (SOL) ETF. This move comes shortly after VanEck's announcement of its own application for a spot Solana ETF. The filing was made with the SEC, using an S-1 form, and if approved, it will allow investors to gain exposure to Solana through a regulated financial product listed on the Cboe exchange. The application is significant as it follows the approval of spot Bitcoin and Ether ETFs earlier this year, indicating growing interest and acceptance of cryptocurrency-based financial products. The current trading price of Solana is $143.
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