🏛️ VanEck files first-ever ETF application #Solana (SOL) in the United States.

🔶 Now that the #ETF #Bitcoin spot have proven their interest among investors since their launch last January, it is the Ethereum spot ETFs which have recently been accepted by the Securities and Exchange Commission (#SEC ) in the United States.

🔶 Since then, speculation and rumors have been rife about the next cryptocurrency that could benefit from such an investment vehicle on the largest US exchanges.

🔶 Completely unexpectedly, it was the American investment management company VanEck which shook up the market by announcing today that it had filed an application for the very first American ETF based on SOL, the cryptocurrency of the Solana blockchain.

🔶 It was Matthew Sigel, head of digital assets at VanEck, who explained the motivations of the American colossus for choosing Solana as the crypto dedicated to its (possible) next ETF

💎 So, Matthew Nigel extolled the merits of Solana through a lengthy thread, also explaining that Solana offers a “combination of high throughput, low fees, robust security and a strong community makes Solana an attractive option for a fund traded on an exchange, providing investors with exposure to a versatile and innovative open-source ecosystem. »

💎 The head of VanEck also raised the key question of whether SOL was a security or a commodity. A thorny regulatory question, sometimes very vague, but which directly defines whether this or that cryptocurrency can receive the stamp of Gary Gensler's SEC.