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Solana adds another major benefit! Although the price of SOL has been a bit sluggish during this period, the capital market's enthusiasm for it has not cooled down at all. The latest news shows that 21Shares has submitted the final prospectus of the Solana spot ETF to the SEC, and the fund will be available for trading as soon as today. This also means: The number of Solana spot ETFs in the US market will increase to 6! Focus here
Solana ETF craze continues to heat up21Shares filed its latest final prospectus with the SEC on Tuesday, and the fund management fee is 0.21%. Shortly after the document was submitted, Cboe updated the page: Listing and registration approval has been passed. This is basically a green light: you can go! ![]() This is not the first time 21Shares has taken action. Last week they just launched two crypto index funds, covering BTC, ETH, SOL and DOGE. They are the first crypto index ETFs registered under the Investment Company Act of 1940. Several giants entered the SOL ETF at the same timeIn addition to 21Shares, other institutions are also investing in Solana: Fidelity
Canary Capital
VanEck
With the addition of 21Shares, the number of Solana spot ETFs in the US market will increase from 5 to 6, with different investment strategies, fee structures, and pledge methods. SOL ETF continues to attract money despite falling pricesThe price of SOL has fallen by more than 10% in the past week, but the ETF has been attracting funds all the way:
![]() Meanwhile, both BTC and ETH spot ETFs have been experiencing net outflows of late, in stark contrast. To summarize:Although prices are under short-term pressure, institutions are increasingly interested in Solana, and ETFs continue to expand and attract gold, indicating that the market is still very optimistic about SOL's long-term fundamentals. That’s it for the article! If you are confused in the currency circle, you may wish to consider joining me in planning and harvesting the dealers to understand the latest information and layout, embrace the bull market, increase your winning rate, and say goodbye to being trapped in high positions. Welcome to join us → → →WX:wyq222417 ![]() QQ:946112505 ![]() |