The Chicago Board Options Exchange (Cboe) has confirmed that asset management firms VanEck and 21Shares plan to launch an exchange-traded fund (ETF) based on Solana. The options exchange submitted a 19b-4 file to the U.S. Securities and Exchange Commission (SEC) on Monday, requesting to list the potential spot Solana ETFs of VanEck and 21Shares. Once the SEC confirms receipt of this document, the regulator will approve or reject the product within 240 days.