According to sources, VanEck’s plan to launch a spot Solana ETF has now moved forward, as it is now listed on the Depository Trust & Clearing Corporation (DTCC) platform.
It is listed under the ticker symbol “VSOL”. This shows that institutional interest in Solana is growing. Even though the Solana ETF is not yet approved for trading, its presence in the DTCC’s “active and pre-launch” section suggests that it is prepared for the next step.
Moreover, it might soon get approved by U.S. regulators. This is an important moment for crypto investors and adds momentum to growing support for ETF access to Solana.
VanEck’s Strategic Push Toward Solana Exposure
VanEck is known for actively investing in digital assets; it already offered Bitcoin and Ethereum futures ETFs. Now it is working to launch the Solana ETF.
This shows that the firm is focused on tapping into the growing demand from investors for new and rapidly developing blockchain networks.
Experts say that Solana is fast and cost-efficient, which makes it a strong competitor to Ethereum, particularly for apps that require scalability. Crypto strategist Rachel Kim said Solana is a good option for spreading out investment in blockchain.
She added that if the Solana ETF is approved, investors will be able to participate without dealing with the technical side, like storing or staking the tokens.
DTCC Listing is a Technical Yet Symbolic Leap
The DTCC listing for VSOL is more than just a formality. Even though it does not mean that Sonala ETF is approved yet, it shows that the fund has passed internal clearing standards and is now waiting for final approval from regulators.
As per DTCC rules, the ETF is listed under the ‘D’ category, which means it can be traded electronically after getting the SEC’s approval.
Financial expert Jeremy Marks said it is a technical step, but it shows that everything is getting ready for the Solana ETF to possibly get approval.
SEC’s Ongoing Review and Analyst Confidence
The SEC recently told all companies that are planning to launch a Solana ETF to update their S-1 forms, which is a necessary step before any funds can be activated.
Now that the filings are submitted and are being reviewed, experts believe a decision might come in about three to five weeks.
Bloomberg’s senior ETF analyst, James Seyffart, said that if everything goes well with the filings, the Solana ETF might get approved as early as July.
He also noted that the DTCC listing is a positive sign and added that the Chicago Mercantile Exchange’s move to launch Solana futures is helping to increase trust among regulators.
Competitive Landscape and Rising Market Interest
VanEck is not the only one trying to launch a Solana ETF. Other big firms like Bitwise, Franklin Templeton, and CoinShares have also submitted Solana ETF filings.
Some are even looking to add staking features. This shows that more and more companies are demanding regulated and safe ways to invest in Solana.
Market experts believe that, as several companies have applied, the SEC might approve more than one Solana ETF at once, just like it did with Bitcoin and Ethereum ETFs.
On decentralised prediction Platforms like Polymarket, the chances of Solana ETF approval have surged to over 90%. This shows that many traders are feeling confident about it getting approval soon.
Conclusion
The listing of VanEck’s Solana ETF in the DTCC Platform is an important step towards bringing Solana into traditional finance. Even though it is not yet approved, the progress shows that the system is getting prepared.
Experts say that the approval is not certain, but with the rising interest and ongoing talks with regulators, the Solana ETF might soon be available for investors.
FAQs
1. When was VanEck’s Solana ETF listed on DTCC?
On June 17, 2025.
2. Who is launching the spot SOL ETF?
VanEck, a digital asset investment firm.
3. What is the official ticker assigned to VanEck’s upcoming Solana spot ETF?
VSOL.
4. Has the SOL ETF been approved for trading?
No, it is still awaiting SEC approval.
5. Where is the Solana ETF currently listed?
DTCC’s active and pre-launch list.
Glossary
VanEck – A global investment firm known for launching regulated crypto ETFs.
Spot ETF – A type of fund that holds the actual cryptocurrency it tracks.
VSOL – The official ticker symbol for VanEck’s proposed SOL ETF.
DTCC – U.S. clearinghouse where ETF listings show technical readiness.
Pre-Launch List – DTCC’s category for ETFs that are cleared for launch but pending final regulatory approval.
Sources
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