1. VanEck Announces First Solana ETF Application in the U.S. link VanEck has announced the first-ever application for a Solana spot exchange-traded fund (ETF) in the United States. VanEck regards Solana as a commodity, emphasizing its blockchain’s high throughput, low fees, and robust security, making it suitable for a variety of applications including payments, trading, gaming, and social networking. VanEck also highlights that Solana combines historical proof and proof-of-stake mechanisms, supporting thousands of transactions per second and offering a superior user experience compared to Ethereum. As early as 2021, Grayscale launched its sixteenth product, the Solana Trust Fund, targeted at institutional and high-net-worth investors.
WuBlockchain Weekly: VanEck Submits Solana ETF Application, Expected Launch of Physical Ethereum ETF Soon, Binance Bans Accounts Violating Megadrop Activity, etc
WuBlockchain Weekly: VanEck Submits Solana…
WuBlockchain Weekly: VanEck Submits Solana ETF Application, Expected Launch of Physical Ethereum ETF Soon, Binance Bans Accounts Violating Megadrop Activity, etc
1. VanEck Announces First Solana ETF Application in the U.S. link VanEck has announced the first-ever application for a Solana spot exchange-traded fund (ETF) in the United States. VanEck regards Solana as a commodity, emphasizing its blockchain’s high throughput, low fees, and robust security, making it suitable for a variety of applications including payments, trading, gaming, and social networking. VanEck also highlights that Solana combines historical proof and proof-of-stake mechanisms, supporting thousands of transactions per second and offering a superior user experience compared to Ethereum. As early as 2021, Grayscale launched its sixteenth product, the Solana Trust Fund, targeted at institutional and high-net-worth investors.