CBOE restart the Solana ETF race with files for 4 asset managers

Excination CBOE options and derivatives have made requests that seek to launch the Solana Exchang box (ETFS) for four pioneering asset managers in the United States. This development again restart the race for the first box on the stock exchange in the country.

According to details about CBOE base files locationThe Exchange applied to the VANECK Solana Trust, Canary Solana Trust, BitWise Solana Etf, and 21shares Core Solana Etf.

CBOE offers Solana Etf suggestions

The US asset managers have not started the Solana ETF application trip today. They tried several times last year, but they faced a rejection of the Securities and Stock Exchange Committee (SEC).

In July 2024, CBOE made proposals for Solana Etfs and 21shares, but by August of the same year, deposits disappeared from Excination. These developments indicated that SEC has probably rejected requests or worse than that the proposals have been completely withdrawn.

At that time, one of the VANECK executives explained that while the 19B-4 files from the CBOE website were removed on the web, the S-1 of the products is still active, indicating that companies are still aimed at monitoring Solana Etf applications.

By mid -November, CBOE submitted new requests for Vaneck, BitWise, Canary and 21shares Solana Etfs; However, they were rejected again in December. CBOE files on January 28 are the latest in this race for Solana ETF in the United States. The next few weeks will determine whether it will be the last step or just another step on the way.

Security discussion in exchange for goods

Analysts have always insisted that the likely applications of Solana ETF apps were low because SEC was under the leadership of the doubtful Gencraler. Since he left the agency about a week ago, Paul Attins leadership is the most suitable for encryption, and the chances of approval of deposits may have increased significantly.

It is worth noting that Sol, the original symbol of the Solana network, also faces the challenge of classifying it as safety or commodity, which is very important to light the circulating investment funds. Asset managers who seek to launch the traded investment funds in Solana to promote encryption assets as a commodity due to their decentralized nature and the consensus mechanism for proof; However, the ongoing legal battles involved on SEC have been called Sol as security.