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21Shares has now officially filed paperwork in hopes of launching Solana (Sol) Exchange Traded Funds (ETF).
Fintech company Presenter A registration statement was filed with the SEC on Friday for the “21Shares Core Solana ETF,” which will trade on the Cboe BZX exchange if approved.
Three years ago, 21Shares was a subsidiary of Europe. It was launched The world’s first Solana ETF in Europe, the 21Shares Solana Staking ETP (ASOL). The total assets under management of the financial product are more than $846 million as of June 27.
Fintech company He says The latest SEC filing is “essential to democratizing access to cryptocurrencies in the United States.”
“We believe this is a necessary step for the crypto industry and is in line with our mission to bring easily accessible financial products to the market that focus on crypto assets.”
21Shares is the second company to file for a SOL ETF in the U.S. this week. On Thursday, investment giant VanEck announced Presenter The company has filed an S-1 registration statement with the Securities and Exchange Commission in hopes of launching its “VanEck Solana Trust.” The product will also be listed on the Cboe BZX exchange if it is ultimately approved by the SEC.
SOL is trading at $141.84 at the time of writing. The fifth-largest cryptocurrency asset by market capitalization has fallen by approximately 4% in the past 24 hours.
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