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International Business Times
International Business Times
Business
Marvie Basilan

Cboe BZX Resubmits Solana ETF Filings After 2024 SEC Rejection Setback

SEC Solana SOL ETF Crypto Donald Trump Gary Gensler Polymarket Bitcoin
$SOL is one of the world's largest altcoins by market cap. (Credit: IBTimes US)

KEY POINTS

  • The exchange refiled 19b-4 filings for VanEck, Canary, 21Shares, and Bitwise $SOL ETFs
  • The SEC under Gary Gensler reportedly rejected Cboe BZX's two filings for potential Solana ETFs in mid-2024
  • Polymarket bettors believe there is an 86% chance a Solana ETF will be approved in 2025

The Cboe BZX exchange has refiled for four Solana (SOL) exchange-traded funds (ETFs), marking a significant turnaround from last year's debacle, when the U.S. Securities and Exchange Commission (SEC) reportedly rejected the exchange's applications.

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