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Cboe Submits Filing for Solana Spot ETF by VanEck and 21Shares

The Chicago Board Options Exchange (Cboe) has officially confirmed plans by asset managers VanEck and 21Shares to launch a Solana Spot ETF.

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Soumission des dรฉpรดts d’ETF Solana Spot par la Cboe

The Cboe has submitted two 19b-4 filings to the Securities and Exchange Commission (SEC) on Monday, requesting approval to list VanEck and 21Shares’ proposed Solana-based Spot ETFs.

cboe-21sharesDownload

These filings are necessary to notify the SEC of a proposed rule change by a self-regulatory organization like an exchange. Once the SEC acknowledges receipt of these filings, a 240-day window opens for the regulator to approve or reject the products.

Intรฉrรชt croissant pour Solana

Rob Marrocco, Global Head of Exchange-Traded Products (ETPs) Listings at Cboe Global Markets, stated:

After successfully listing the first Bitcoin Spot ETFs in the United States and receiving SEC approval for our rule filings to list Ethereum Spot ETFs, we are now responding to the growing investor interest in Solana – the third most traded cryptocurrency after BTC and ETH.

The Cboe already lists six out of the top ten existing Bitcoin Spot ETFs, including products by Fidelity, Ark/21Shares, and VanEck. It will also be the exchange to list five Ethereum Spot ETFs if and when they are approved. Industry analysts predict that the SEC could approve ETH ETFs as early as this week, with many issuers having filed amended S-1 forms.

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