Solana's (SOL) share price rose more than 8% after it was reported that management company VanEck has applied to create a Solana ETF.
VanEck #Solana Trust is the first SOL-listed fund to apply in the United States.
The price of SOL, the native token of the Solana blockchain, rose on Thursday as the market reacted to the news that VanEck had filed a spot application to create a Solana ETF.
According to CoinGecko data, the Solana price rose from a low of $138 to more than $150, with intraday gains exceeding 8 percent.
Solana's trading volume also increased by more than 26% to over US$2.8 billion.
On June 27, management company VanEck, which also offers a #bitcoin spot ETF and is preparing to launch an #ЛюбимыйТокен spot ETF, made history as the first company in the U. S. to apply for a Solana exchange-traded fund (ETF).
The company filed VanEck Solana Trust with the U. S. Securities and Exchange Commission (SEC), noting in a statement that it considers SOL to be a commodity like #ЛюбимыйТокен and #ЛюбимыйТокен .
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