CandleFocus

Bitwise & Three Other Solana ETF Application Filed with SEC

Cboe Exchange has submitted filings to the U.S. SEC for four Solana (SOL) spot ETFs, with VanEck, 21Shares, Canary Capital, and Bitwise as the issuers. This follows a CoinShares survey which found that many fund managers consider Solana to have a promising growth outlook in the crypto space. Solana is the largest staking exchange-traded product at 21.co and constitutes a significant portion of crypto hedge funds' capital investments. Brazil has already listed a Solana ETF, which saw significant market success. Currently, Solana is trading at $262.78 with a market capitalization of $124.85 billion.

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