The Bitwise Solana ETF is a proposed exchange-traded fund designed to provide investors with exposure to Solana (SOL). Bitwise, a crypto asset management firm, has filed for this ETF with the U.S. Securities and Exchange Commission (SEC) as part of a series of applications submitted by various firms seeking to launch Solana-based ETFs. The ETF would trade on the Cboe BZX Exchange.
The Bitwise Solana ETF filing was part of a fresh set of filings, including those from VanEck, 21Shares, and Canary Capital. These filings are 19b-4 forms, which are necessary for the SEC's rule change approval process. However, previous applications for Solana ETFs were pulled at the SEC's request, indicating regulatory challenges.
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