Solana ETF Speculation Boosts Crypto Market Confidence

The approval of the Ethereum ETF, close on the heels of the Bitcoin ETF approvals earlier this year, significantly boosted market confidence in cryptocurrency exchange-traded funds. In light of this, recent speculation regarding a Solana ETF appears more credible and intriguing. The approval of such an ETF could have a profound impact on the Solana […]

The post Solana ETF Filing News: VanEck and 21Shares Submit Applications to SEC appeared first on Coin Edition.

Solana ETF Speculation Boosts Crypto Market Confidence

  • VanEck and 21Shares file for Solana spot ETFs.
  • Potential ETF approval could boost Solana’s adoption.
  • Top Solana altcoins may experience rapid growth.

The approval of the Ethereum ETF, close on the heels of the Bitcoin ETF approvals earlier this year, significantly boosted market confidence in cryptocurrency exchange-traded funds.

In light of this, recent speculation regarding a Solana ETF appears more credible and intriguing. The approval of such an ETF could have a profound impact on the Solana ecosystem.

Matthew Sigel, head of VanEck’s digital assets research, recently disclosed on X (formerly Twitter) that the CBOE had filed its 19b-4 form for the Solana ETF.

This week, the Solana ETF took a significant turn. The U.S. SEC received 19b-4 forms from investment giants VanEck and 21Shares, signaling the start of the regulatory process to list Solana (SOL) spot exchange-traded f…

The post Solana ETF Filing News: VanEck and 21Shares Submit Applications to SEC appeared first on Coin Edition.