VanEck, 21Shares Solana ETF Plan Confirmed in Cboe Filing

The Chicago Board Options Exchange (Cboe) has confirmed that VanEck and 21Shares are planning to launch an exchange-traded fund (ETF) based on the Solana blockchain. Cboe submitted filings to the Securities and Exchanges Commission (SEC) to list these potential ETFs. The SEC now has up to 240 days to approve or deny the products. Cboe already lists several spot bitcoin ETFs and is expected to receive approval for spot ether ETFs in the near future. VanEck and 21Shares filed the necessary documents in June, and the submission of the 19b-4 filings is the next step in the process.