According to Golden Finance, VanEck recently submitted an application for Solana spot ETF to the SEC, which has attracted market attention. VanEck was previously one of the issuers of BTC and ETH spot ETFs approved in the United States. This application for Solana spot ETF is mainly optimistic about Solana's technology and its wide use prospects as a digital commodity. However, VanEck did not apply for Solana futures ETF this time, but directly applied for spot ETF, which may affect the SEC's approval process. On the other hand, the SEC has clearly stated that Solana is an unregistered security, which also increases the uncertainty of the application. Despite this, Solana has been highly praised by Wall Street capital for its high throughput, low transaction fees and security, and is expected to become a potential target for ETF. In the future, if there is a change in the leadership of the US government, especially under the leadership of the SEC, which supports cryptocurrencies, the Solana spot ETF has a chance to be approved.