CBOE Files to Launch 2 Solana ETFs
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The Chicago Board Options Exchange (CBOE) has filed two applications on July 8 to list VanEck and 21Shares’ proposed Solana exchange-traded funds (ETFs).
These ETFs are expected to have a final decision deadline in March next year. The CBOE compared the potential Solana funds to Bitcoin and Ethereum ETFs, which were approved by the SEC in January and May respectively.
This is due to the decentralized, fast, and manipulation-resistant nature of Solana, making it a safe investment for potential investors.
The CBOE stated that they believe the surveillance sharing agreement is not necessary for these ETFs, as there are other measures in place to prevent fraudulent and manipulative acts.
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