Solana Update: $SOL ETF on the horizon 🚀🚀🚀
Asset manager VanEck has filed an S-1 registration form for a Solana (SOL) exchange-traded fund (ETF) with the Securities and Exchange Commission (SEC), prompting SOL to jump by more than 6%.It marks the first ETF registration for Solana in the U.S. six days after a similar product launched in Canada.
$SOL is trading at $148, which has jumped by 6% since the filing went live.
It marks the first Solana ETF registration in the U.S.
This move is a big win for altcoins. Crypto is gradually gaining institutional and mass adoption.
