According to VanEck’s head of digital assets research, VanEck is the first company in the United States to file for a Solana ETF.
VanEck, one of the first issuers of spot Bitcoin exchange-traded funds (ETF) in the United States, has filed for a new Solana ETF.
Matthew Sigel, head of digital assets research at VanEck, took to X on June 27 to announce that the firm has filed for Solana ETF with the U.S. Securities and Exchange Commission (SEC).
The new fund, called Vaneck Solana Trust, aims to capitalize on Solana’s (SOL) decentralized nature, high utility and economic feasibility, Sigel said. According to the executive, the trust is the first filing for a Solana ETF in the country.