{"id":33273,"date":"2024-06-28T17:25:57","date_gmt":"2024-06-28T17:25:57","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/21shares-files-for-solana-sol-spot-etf\/"},"modified":"2024-06-28T17:25:57","modified_gmt":"2024-06-28T17:25:57","slug":"21shares-files-for-solana-sol-spot-etf","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/21shares-files-for-solana-sol-spot-etf\/","title":{"rendered":"21Shares files for Solana (SOL) spot ETF"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1631705444143-5e94f1ed-59f3-46d8-9c0d-4c7eca163ed8-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1631705444143-5e94f1ed-59f3-46d8-9c0d-4c7eca163ed8-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1631705444143-5e94f1ed-59f3-46d8-9c0d-4c7eca163ed8-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1631705444143-5e94f1ed-59f3-46d8-9c0d-4c7eca163ed8-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li><span style=\"font-weight: 400\">21Shares has filed a Solana (SOL) ETF, with its Core Solana ETF application coming a day after VanEck\u2019s Solana Trust.<\/span><\/li>\n<li><span style=\"font-weight: 400\">SOL price hovered around $142 after the news, having soared after VanEck\u2019s filing on Thursday.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">The Solana (SOL) ETF mania is picking momentum with yet another issuer filing for a spot Solana ETF.<\/span><\/p>\n<p><span style=\"font-weight: 400\">A day after VanEck filed for a similar exchange-traded fund with the US Securities Exchange Commission (SEC), 21Shares has submitted its own application.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">21Shares files for Solana ETF<\/span><\/h2>\n<p><span style=\"font-weight: 400\">According to the <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/2028834\/000121390024057001\/ea0208625-s1_21shares.htm\">filing<\/a>, the 21Shares Core Solana ETF will trade on the Cboe BZX Exchange and \u201ctrack the performance of SOL, the native digital asset of the Solana blockchain.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201c21Shares is excited by the potential for an exchange traded product (ETP) in the US that provides access to the Solana ecosystem. We believe this is a necessary step for the crypto industry and it holds true to our mission to bring to market easily accessible financial products centered around crypto assets,\u201d the firm <a href=\"https:\/\/x.com\/21shares_us\/status\/1806731887957713266\" target=\"_blank\" rel=\"noopener\">wrote<\/a> on X.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">VanEck first to file SOL ETF in the US<\/span><\/h2>\n<p><span style=\"font-weight: 400\">VanEck and 21Shares are now the first two asset managers to file for SOL spot ETFs in the US and could be a matter of who next as the industry gears up for the spot Ethereum ETFs. The SEC approved Ether ETFs in May and experts say the final nod before products hit exchanges could come as soon as next week.<\/span><\/p>\n<p><span style=\"font-weight: 400\">For Solana, Bloomberg senior ETF analyst Eric Balchunas <a href=\"https:\/\/x.com\/EricBalchunas\/status\/1806651397602943119\" target=\"_blank\" rel=\"noopener\">says<\/a> that it may be too early to pin a date to potential approval. However, \u201cthe odds of a Solana ETF being approved\u201d in next 12 months may improve significantly if Trump wins this year\u2019s election.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">SOL price amid ETF news<\/span><\/h2>\n<p><span style=\"font-weight: 400\">On Thursday, <a href=\"https:\/\/coinjournal.net\/news\/sol-price-soars-after-vaneck-files-for-solana-etf\/\">Solana price rose sharply<\/a> as the market reacted to VanEck\u2019s filing. <\/span><\/p>\n<p><span style=\"font-weight: 400\">On Friday, the cryptocurrency pared most of the gains as the broader ecosystem heaved under continued downside pressure.<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, as Bitcoin struggled below $61k and Ether battled near $3,400, SOL was looking to rebound above $142. Unlike BTC and ETH that were down 4.5% and 3% respectively over the past week, Solana\u2019s price was up 8%.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/21shares-files-for-solana-sol-spot-etf\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) 21Shares has filed a Solana (SOL) ETF, with its Core Solana ETF application coming a day after VanEck\u2019s Solana Trust. SOL price hovered around $142 after the news, having soared after VanEck\u2019s filing on Thursday. The Solana (SOL) ETF mania is [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":33274,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/33273"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=33273"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/33273\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/33274"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=33273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=33273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=33273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}