Asset manager 21Shares has submitted an S-1 registration statement to the SEC for a spot Solana ETF, just a day after VanEck made a similar filing. This move highlights growing interest in Solana as an investment vehicle among major asset managers.

Speculation is rising that more firms may follow suit, especially with crypto proponents suggesting that a potential victory by Donald Trump in the upcoming US elections could support the launch of such products. The flurry of activity around Solana ETFs underscores the increasing acceptance and potential of cryptocurrencies in the financial markets.

SEC filing