The race to launch an ETF fund focused on Solana is heating up as four major issuers file with the Chicago Board Options Exchange (CBOE). 🌟

Applications from Bitwise, Canary Capital, VanEck, and 21Shares have been submitted to the U.S. Securities and Exchange Commission (SEC). This event has driven the price of Solana's SOL token to an all-time high, nearly reaching $263.

If approved, the ETF funds could expand investment opportunities in Solana for traditional investors, solidifying its position alongside Bitcoin and Ethereum. Currently, the market capitalization of SOL has surpassed $125 billion. 🚀

Despite many challenges, optimism is spreading in the cryptocurrency community.