Cboe BZX Exchange has filed 19b-4 rule-change requests with the U.S. Securities and Exchange Commission on behalf of 21Shares and VanEck to list and trade spot Solana ETFs in the United States, adding to a broader wave of Solana ETF applications from other issuers. A 19b-4 filing is the exchange’s formal request for SEC approval to change its listing rules, and it is one of the key regulatory steps required before a spot ETF can launch. The filings matter because they show that Solana is moving further into the mainstream ETF pipeline alongside bitcoin and ether, with issuers arguing that SOL should be treated as a commodity rather than a security. The competition is also accelerating at the same time the SEC has been reviewing other Solana ETF proposals, including applications from firms such as Bitwise, Canary Capital, Fidelity, Franklin Templeton, and Grayscale, which indicates that regulators are now actively engaged with the structure of a potential U.S. spot Solana product.

AI-generated background, compiled from web sources β€” not editorial content.

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