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VanEck Files First Solana ETF Application In The United States

Mary Liu

Summary: VanEck has applied to the U.S. Securities and Exchange Commission (SEC) for a Solana ETF. The new fund, called VanEck Solana Trust, is the first Solana ETF applied for in the United States. This move stimulated SOL break through 150 USDT today. However, there are still doubts about whether the product can be approved. Bloomberg ...

VanEck has applied to the U.S. Securities and Exchange Commission (SEC) for a Solana ETF. The new fund, called VanEck Solana Trust, is the first Solana ETF applied for in the United States.

This move stimulated SOL break through 150 USDT today.

However, there are still doubts about whether the product can be approved. Bloomberg analyst James Seyffart wrote that it may be launched sometime in 2025, but it may not.

James emphasized that after VanEck submitted the first SOL ETF in the United States, it is necessary to focus on whether other issuers will follow up.

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