With Gary Gensler's impending exit, firms like Bitwise, VanEck, and Canary Capital are increasingly optimistic about Solana ETF approvals in 2025.

The race for a spot Solana ETF intensified Thursday as the Cboe BZX filed applications with the U.S. Securities and Exchange Commission on behalf of Bitwise, VanEck, 21Shares, and Canary Capital. These applications aim to list and trade shares tracking ...

Bitwise has become the fourth company to file for a Solana ETF in the United States, joining Canary Capital, VanEck, and 21Shares in the race to launch the first such product amid changing political leadership and regulatory expectations.

A surge in filings for spot Solana ETFs follows the resignation of SEC Chair Gary Gensler, sparking optimism in the cryptocurrency industry.

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Asset manager Bitwise prepares for spot Solana ETF as euphoria grows amid Donald Trump's crypto-focused transition this month.

ETF Applications Boost Interest in Solana VanEck, 21Shares, Bitwise, and Canary Capital have filed applications for Solana exchange-traded funds (ETFs) with the U.S. SEC, and submitted to the Cboe Exchange.

Bitwise has taken the first step out of many in applying to issue a Solana ($SOL) ETF, propelling the $SOL token above $240 as the established crypto ETF issuer has become the third mover in what could be the country's first Solana ETF.