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CoinShares files for a spot ETF listing for Solana in America.
CoinShares has just filed an S-1 application with the Securities and Exchange Commission of America (SEC) to request the listing of the Solana Spot ETF (CoinShares Solana ETF). Coinbase Custody and BitGo Trust will be the custodians, with plans to stake a portion of the SOL in the fund to receive staking rewards.
CoinShares is the 8th organization to apply for a Solana ETF, along with VanEck, 21Shares, Bitwise, Franklin Templeton, Grayscale, Canary Capital, and Fidelity. Analysts predict that the SEC may approve it within the next 2–4 months.