VanEck a leading fund management company, has filed for a Solana Spot ETF, marking the first such proposal in the US. This ETF aims to provide investors with direct access to Solana, a popular cryptocurrency.

While the approval process is still uncertain and the SEC considers SOL a security in a recent lawsuit with Kraken, the news has excited the crypto community. The price of Solana's SOL surged following the announcement, reflecting high investor expectations for the #Solana Spot #ETF