VanEck hedge fund announced its first application for a license #SOLSpotETF in the United States of America 🇺🇸. VanEck has stated that Solana is a commodity that provides a better user experience than Ethereum.
In 2021, Grayscale launched the Solana Trust, targeting institutional and high-net-worth investors.
However, SOL faces some difficulties in applying for the SOL Spot ETF. For example, SOL does not have a futures exchange fund like Bitcoin and Ethereum. Additionally, the SEC has already classified SOL as a security, resulting in the delisting of 2,082,693,7757 by Robinhood.
