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The US SEC has accepted Solana spot ETF applications from 21Shares, Bitwise, Canary, and VanEck
2025-02-11 22:24

Odaily News Several institutions have submitted applications for Solana spot exchange-traded funds (ETFs) to the U.S. Securities and Exchange Commission (SEC), and the SEC has confirmed receipt and acceptance of relevant documents. Cboe BZX Exchange has submitted a proposed rule change form to support the listing and trading of Solana spot ETFs issued by 21Shares, Bitwise, Canary Capital, and VanEck. Previously, these companies' Solana ETF applications were rejected. Bloomberg ETF analysts James Seyffart and Eric Balchunas said on Monday that they believe there is a 70% chance that the SEC will approve the Solana ETF. Franklin Templeton also seems ready to join the Solana ETF competition. The company filed documents in Delaware on Tuesday to register the Franklin Solana Trust.