21Shares filed an S-1 application with the SEC today for a spot $SOL ETF, named the 21Shares Core Solana ETF. This follows VanEck’s similar filing yesterday. The 21Shares Core Solana ETF will trade on the Cboe BZX Exchange, with Coinbase as the custodian for the fund’s SOL holdings, which will be privately insured. The fund won't participate in validating or staking SOL, and the value will be determined daily at 4:00 ET.

Source: Cointelegraph