CoinShares Seeks SEC Approval for Spot Solana ETF, Eighth Filing in Growing Race

Digital-asset manager CoinShares submitted an S-1 registration statement to the US Securities and Exchange Commission on 16 June seeking approval to launch a spot exchange-traded fund tracking Solana’s native token, SOL. The Jersey-based firm oversees roughly £1.66 billion in assets.

CoinShares’ filing is the eighth application for a spot Solana ETF, joining proposals from VanEck, Fidelity and other managers as issuers look to broaden the range of regulated crypto investment products following this year’s launches of bitcoin and ether funds. The SEC has not indicated when it will rule on the latest round of requests.

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