Reasons for the rise of SOL:

VanEck has submitted Solana Trust application documents to the US SEC

According to SEC documents, asset management institution VanEck has submitted Solana Trust (VANECK SOLANA TRUST) application documents to the US SEC. VanEck Solana Trust is an ETF that issues equity common shares, which are expected to be listed and traded on Cboe BZX Exchange Co., Ltd., subject to issuance notice.

The investment objective of the trust is to reflect the price performance of Solana, minus the operating expenses of the trust. To achieve its investment objectives, the trust will hold SOL and value its shares daily based on the MarketVectorTM Solana benchmark exchange rate.

#sol趋势