ETF issuer 21Shares filed a Form S-1 application for the 21Shares Core Solana ETF with the U.S. Securities and Exchange Commission on June 28. The move is an important step toward offering Solana-based exchange-traded funds (ETFs) to the general investing public.
21shares became the second company to launch a solan-based #ETF , after VanEck took an important step toward expanding its #cryptocurrency product lineup by filing for the first U. S. exchange-traded fund (ETF) dedicated to solan. These filings signal the expansion of investment opportunities in the cryptocurrency market.
Bloomberg analyst Eric Bartunas believes the SEC's approval of an ETF on solanum over the next 12 months is closely tied to the country's new president.
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