CoinShares has joined the competitive field of spot Solana exchange-traded funds (ETFs) in the United States. The digital asset management firm has filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission (SEC), signaling its intention to publicly list a spot Solana ETF.
This application was submitted through the SEC’s EDGAR system, which officially registers the company’s plans for the ETF, aiming to attract investors looking for exposure to Solana through regulated financial products.