Exchange Options Chicago Board (CBOE) officially submitted to the US Securities and Stock Exchange (SEC) to list the proposed fund for exchange in Solana (SOL).
This step, provided by a 19B-4 shape With the regulator, the watch begins until the SEC decides whether it will agree or reject the request. If approved, ETF will be listed on CBOE, providing investors to exposure to Solana’s ecosystem without having to keep the distinctive symbol or handle the special keys to the portfolio.
This deposit closely follows the Foundelity registration for ETF in Dilayer, a routine step for asset managers who are planning the funds listed in the United States.
Sincerity adds to Solana Etf files
Fidelity is now joining a crowd of companies looking to launch Solana ETF in the United States, which also includes major asset managers such as Grayscale, Franklin Templeton, BitWise, VANECK, 21shares and Canary Capital.
The increase in deposits indicates an increasing institutional appetite for Solana’s investment vehicles, especially after the strong performance of the distinctive symbol and the growing developer activity during the past year. However, it should be noted that the Solana ecological system has witnessed its revenues decreased by more than 90 % after the trading of Memecoin, which benefited from the beginning.
The possibilities of approval on Solana ETF this year are currently 85 % in the pioneering prediction market, Polymarket, where traders believe that the Trump administration is more suitable for encryption opens the way for this money.
This approval is unlikely, according to data from the prediction market, before July 31, when traders priced only 31 % chance for approval that fell steadily over time.
Although Sol Sol ETF was not yet available to the public, some companies have now started investing in Solana, as Sol strategies recently strengthened Sol. However, the price of encoded currency bears a great trend.
The price of Solana has decreased by more than 25 % over the past 12 months, amid a shrinkage in the coded currency market on a wider scale. However, whoever appears earlier this year, the distinctive symbol decreased by more than 44 %.
