28-06-2024 19:06 via newsbtc.com

BREAKING: 21Shares Joins Race To Launch Spot Solana ETF

In a significant development for the cryptocurrency industry, investment firm 21Shares filed an S-1 registration form for a Spot Solana ETF with the US Securities and Exchange Commission (SEC) on Friday. 
The 21Shares application follows a similar filing by Bitcoin ETF issuer and asset manager VanEck on Thursday, indicating a growing interest in Solana as a potential competitor to the anticipated Ethereum ETF market, which is expected to begin trading in July.
21Shares Introduces Core Solan
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