VanEck files for Solana ETF SOL rises 8%
The filing is the first Solana ETF to be filed in the U.S. Six days later, a similar product was filed in Canada.

The filing is the first Solana ETF to be filed in the U.S. Six days later, a similar product was filed in Canada.
VanEck just filed for the first Solana ETF in the US.
3iQ launched a Solana exchange-traded product (ETP) called QSOL on the Toronto Stock Exchange (TSE), the first Solana ETP in North America. It provides transparency into SOL daily price trends and staking yields (estimated at 6-8%), with Coinbase Custody and Tetra Trust as custodians. Canada’s favorable regulatory environment for crypto ETFs stands in stark contrast to the United States, where approval of Solana and XRP ETFs remains uncertain due to ongoing legal challenges.
Golden Finance launches the 2362nd issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest news on the digital currency and blockchain industry.
Rob Marrocco believes that crypto ETFs beyond Bitcoin and Ethereum are unlikely to emerge without a futures market being established first or regulatory changes.
With the passage of FIT21, approval from the SEC for spot Ethereum, and a comprehensive analysis of presidential candidates' attitudes towards cryptocurrency, it can be seen that approval for Solana ETF-led altcoins is imminent.
In addition, some commentators are optimistic about the Solana ETF’s chances of approval.
If an ETH ETF gets the green light, changes in the regulatory and political landscape could increase the chances of approval for the Solana ETF.
In the near future, the Solana Spot ETF, poised to be the inaugural offering of its kind in North America by SOLWealth, is poised to capture significant attention in the cryptocurrency sphere.
Solana doesn’t have to go the Proposer-Builder Separation (PBS) route chosen by Ethereum, but it will need to take a comprehensive approach to stabilize its fee market in the long term.