CBOE files proposals with the SEC for four Solana ETFs for issuers, including VanEck, 21Shares, Canary Capital, & Bitwise.
Eric Balchunas explains the regulatory uncertainties and ambiguities surrounding Solana ETFs.
Cboe believes that the SEC will acknowledge the filing before the new, accommodative leadership takes over.
CBOE Global Markets re-submitted proposals to the Securities and Exchange Commission (SEC) for four Solana ETFs; the ETF issuers being VanEck, 21Shares, Canary Capital, and Bitwise. Bloomberg Senior ETF Analyst Eric Balchunas commented on the development in an X post, noting CBOE’s optimism despite prevailing regulatory uncertainties.
Big q tho is will the SEC acknowledge these (in two weeks) or tell them to withdrawal like last time? Our read: CBOE is simply pushing envelope, optimistic that a lame duck SEC will ack filings in routine manner until the new (more accommodative) leadership is installed. But even… https://t.co/ckiozKuttg
— Eric Balchunas (@EricBalchunas) November 21, 2024
Bitwise Joins the Solana ETF Race
Asset manager Bitwise became the fourth company to apply for a Solana Exchange-Traded Fund (ETF) on Thursday. Bitw…
The post CBOE is Not Giving Up on Solana ETFs: But Will the SEC Approve? appeared first on Coin Edition.
