SEC official announcements or Bitwise press releases

Bitwise Files 'Bitwise Solana ETF Trust' with SEC, Joining Race for Solana ETFs

Nov 21, 2024, 12:03 AM

Bitwise Investments officially filed for a spot Solana ETF with the U.S. Securities and Exchange Commission (SEC) on November 20, 2024. The filing, made under the name 'Bitwise Solana ETF Trust' and registered in Delaware, indicates Bitwise's intent to launch a Solana exchange-traded fund. By entering the race, Bitwise joins other asset managers such as VanEck and Canary Capital in seeking approval for a Solana ETF. If approved, the ETF would track the price of Solana (SOL), a cryptocurrency that has been performing strongly in the market.