Are there ETFs for Solana? Yes, there are financial products similar to ETFs that offer exposure to Solana ( $SOL ) in regulated markets. For instance, in Europe, asset manager WisdomTree launched the "WisdomTree Solana ETP (SOLW)," an exchange-traded product fully backed by SOL, listed on exchanges like Deutsche Börse Xetra, SIX Swiss Exchange, and Euronext in Paris and Amsterdam.
In Brazil, the Securities and Exchange Commission (CVM) approved a Solana ETF created by QR Asset, which is currently in a pre-operational phase pending approval from the Brazilian stock exchange B3.
In the United States, companies such as VanEck and 21Shares have filed applications with the Securities and Exchange Commission (SEC) to launch spot Solana ETFs. However, to date, the SEC has not approved these ETFs, and the classification of Solana as an unregistered security by the SEC complicates its approval.
Thus, while products similar to Solana ETFs exist in certain regulated markets, their availability depends on jurisdiction and local regulations.