Solana Price Prediction: VanEck Says SOL ETF “Still In Play” Despite Cboe Filing Removal, And This New Meme Coin Passes $500k In A Week
The Solana price climbed 3% in the last 24 hours to trade at $146.41 as of 00:44 a.m. EST on trading volume that rose 12% to $2 billion. This comes as asset manager VanEck says that its plans for a Solana ETF (exchange-traded fund) are “still in play,” despite the removal of Cboe Global Markets’s regulatory filing that was proposing to list the fund on its exchange. According to Mathew Sigel, VanEck’s head of digital assets research, some have noticed that the 19b-4 for the VanEck Solana ETF has been removed from the CBOE website. Some have noticed that the 19b-4 for the VanEck Solana ETF has been removed from the CBOE website. Remember that Exchanges like Nasdaq & CBOE file rule changes (19b-4) to list new ETFs. Issuers like VanEck are responsible for the prospectus (S-1). Ours remains in play. https://t.co/9rbSHciSdy — matthew sigel, recovering CFA (@matthew_sigel) August 19, 2024 VanEck also believes that SOL is a commodity, much like BTC and...