New York-based investment management firm VanEck, known for its growing interest in the cryptocurrency sector, filed an application earlier today to launch an ETF tied to the price of solana. However, it seems unlikely that the current government will approve this ETF.
This filing is the first attempt to launch a Solanium #ETF (SOL) in the United States. Many analysts have been anticipating this move as the U. S. Securities and Exchange Commission (SEC) recently approved an Ethereum-based fund. However, the success of this attempt remains in doubt.
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