VanEck Stands by Advancing Solana ETF Program Despite Cboe File Removal
VanEck has persisted in moving forward with its Solana ETF program despite the fact that Cboe Global Markets has removed the VanEck Solana ETF's 19b-4 regulatory filing from its website.Matthew Sigel, head of digital asset research at VanEck, confirms that even though the filing is no longer visible, VanEck's solicitation (S-1) is still valid. ) are still valid.Cboe had filed an application with the U.S. Securities and Exchange Commission (SEC) in July seeking to list the Solana ETF on its exchange and asked the SEC to make a decision by March.Sigel said VanEck believes Solana (SOL) is similar to bitcoin (BTC) and ethereum (ETH) in that it's a commodity rather than a security, and will continue to work with its exchange partners to drive this program.
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