Breaking: 21Shares files for spot Solana ETF less than 24 hours after VanEck

• Asset manager 21Shares has filed an S-1 draft with the SEC for a Solana ETF.
• The move follows an earlier SOL ETF filing from Van Eck on Thursday.

Asset manager 21Shares filed an S-1 registration statement with the Securities & Exchange Commission (SEC) on Friday for a spot Solana ETF, about 24 hours after VanEck filed for the same product.

Other asset managers could file for SOL ETF in the coming weeks, especially after many crypto proponents speculated that presidential candidate Donald Trump’s victory in the upcoming US elections could pave the way for the launch of these products.

(This story will be updated as more information becomes avalable)