VanEck Files Proposal for Groundbreaking Solana (SOL) Spot ETF

Investment firm VanEck has submitted a proposal to launch a spot Solana exchange-traded fund (ETF). The VanEck Solana Trust will enable direct exposure to SOL, with share prices derived daily from selected trading platforms managed by MarketVector. Investors can access the altcoin through shares in a traditional brokerage account, mitigating the risks of holding SOL

Source: CoinOtag