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Fortune
Fortune
Niamh Rowe

VanEck and 21Shares file for Solana ETFs—a 'bet' on a Trump victory

(Credit: Scott Olson—Getty)

The Chicago Board Options Exchange on Monday filed paperwork asking the Securities and Exchange Commission to list two new crypto offerings: the VanEck Solana Trust and the 21Shares Core Solana ETF. The move is an attempt to offer a third cryptocurrency—Solana—in the form of an ETF, following the SEC's approval of Bitcoin ETFs in January, and ahead of Ethereum ETFs, which are expected to debut in coming weeks.

“We are now addressing the increasing investor interest in Solana—the third most actively traded cryptocurrency after Bitcoin and Ether," Rob Marrocco, global head of ETP listings at Cboe Global Markets, said in a statement.

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