According to Foresight News, VanEck's Head of Digital Asset Research, Matthew Sige, has confirmed that the company remains committed to its Solana ETF plans, even though Cboe has removed the 19b-4 regulatory filing for the VanEck Solana ETF from its website. Sige explained that exchanges like Nasdaq and Cboe often modify rules (19b-4) to list new ETFs, while issuers like VanEck are responsible for S-1 filings. He emphasized that their efforts are still ongoing.
Previously, Foresight News reported that, according to informed sources, the U.S. Securities and Exchange Commission (SEC) had discussions with ETF issuers about concerns regarding whether Solana should be classified as a security before the Cboe BZX Exchange withdrew the 19b-4 filing related to Solana.