VanEck has officially filed for the spot Solana ETF
According to information from several sources, one of the major asset managers has filed for the Solana ETF.
Investment Manager VanEck submitted application to register an Exchange Traded Fund (ETF) linked to the spot price of the Solana cryptocurrency ( SOL ), according to a regulatory filing filed on Thursday, June 27.
The filing comes after 21iQ Digital Asset Management on June 3 announced the filing of The Solana Fund's preliminary prospectus (QSOL) with Canadian securities regulators, excluding Quebec.
READ MORE:
What do crypto whales chasing quick profits buy?
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
When Will AI Trading Bottom Out? The Market Eyes the "Prisoner's Dilemma" Behind Meta's "Massive Bond Issuance"
Barclays believes that AI giants competing to secure early financing have created a "prisoner's dilemma," and collective bond issuance will drive up financing costs, restricting the narrowing of credit spreads. As risks associated with lower-rated bonds increase and credit differentiation among AI issuers intensifies, whether the supply of financing can be absorbed by the market will become the key factor in determining if AI-related trading can stabilize.
After Record Hedge Fund Sell-off, Goldman Sachs Recommends 'Selective' AI Allocation but Remains Cautious
Hedge funds have deleveraged in 7 out of the past 8 trading days, with net leverage dropping to a one-year low. Goldman Sachs strategist Louis Miller believes that the decline in momentum exposure, sharp corrections in stock prices, and stable earnings expectations for leading AI companies have created buying opportunities for certain assets. However, Pasquariello admits to having "limited conviction" regarding market direction, as the returns on capital expenditures remain uncertain. Goldman Sachs recommends a selective layout in AI.
Crypto prices
More
