The CBOE BZX Exchange, an exchange of US Securities, has requested permission to list a suggested Fidelity Exchange-Traded Fund (ETF) holding Solana (Sol), according to March 25th filing.
The Request Now sitting with the US Securities and Exchange Commission, which must approve the filing before the Fidelity Solana Fund trade may begin to exchange.
This is the latest in a spate of federal agency files through exchanges and funding sponsors seeking to launch ETFs holding Sol and other cryptocurrencies.
On March 12, Cboe filed at List another place Sol etf Sponsored by Asset Manager Franklin Templeton.
Related: Solana CME Futures Tip causing US ETF approved – Exec
There are many filings
CBEE filing comes after asset manager Volatility shares launched an ETF Using financial derivatives known as futures to monitor spot performance.
Launched in March, the volatility of Solana ETF (Solz) volatility and volatility share 2X Solana ETF (SOLT) are the first ETFs that give us investors in Solana’s native token. Solt ETF monitors Sol’s performance with 2x leverage.
Analysts in Bloomberg Intelligence Peg the odds at 70% US regulators approved a Sol ETF area this year, According to In a February post on the X.
Other manager owners seeking to list Sol ETF spots include Grayscale, Vaneck, 21shares, Canary and Bitwise, according to Bloomberg Intelligence.
On March 17, the Chicago Mercantile Exchange (CME), the US’s largest derivatives exchange, launched contracts with Sol Futures. Experts say this is further indication that Spot Sol ETFS is about to be approved In the US.
Extremely a dozen asset managers are looking for a SEC approved to launch Altcoin ETFs in the US. The proposed ETF for altcoins is from Litecoin (LTC) and XRP (XRP) to Dogecoin (Doge) and official Trump (Trump).
SEC providers also demand to approve changes to existing ETFs, including allowances for staking, options and redemption types.
The SEC has improved its stance in cryptocurrency after US President Donald Trump began his second term in January.
Under former President Joe Biden, the SEC brought up 100 suits against crypto companies, stating various violations of security law. In 2024, the regulator Greenlighted Bitcoin (Btc) and ether (Eth) ETFs but stymied ETFs are tied to other cryptocurrencies.
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