New York-based investment firm VanEck has filed a proposal to launch a spot Solana exchange-traded fund ETF
This comes after the U.S. Securities and Exchange Commission (SEC) greenlit #bitcoin☀️ ETFs in January.
The regulator is also on track to complete the approval of several spot #EtheruemETF
Following the SEC’s U-turn on Ethereum, several analysts suggested that ETF issuers could push for more #Altcoins👀🚀 ETF.
The Solana price is up 8% over the past 24 hours.