Bitwise, VanEck, 21Shares, and Canary Capital have recently submitted S-1 registration statements to list a spot Solana ETF in the US. This means that these companies are seeking to create an investment product that would allow US investors to buy and sell a fund that tracks the price of Solana, a popular cryptocurrency.
This could make it easier for people to invest in Solana, as they wouldn’t need to buy and store the cryptocurrency themselves. The S-1 registration statements are the first step in the process of creating these funds, and we can expect more details to be released as they move through the process.
