21Shares has applied to launch a Solana ETF.

📝 Swiss company #21Shares has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) to register an exchange-traded fund based on the cryptocurrency Solana (SOL).

👀 The product is expected to be listed on the Cboe BZX #exchange , with the ticker yet to be specified. Coinbase Custody Trust Company will act as the custodian for $SOL .

21Shares submitted the documents the day after #VanEck . Previously, both companies filed updated applications for Ethereum spot ETFs.

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