The Solana ETF Race: 8 Contenders Vying for SEC Approval – Who’s Leading the Pack?

by:VexelDEX5 days ago
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The Solana ETF Race: 8 Contenders Vying for SEC Approval – Who’s Leading the Pack?

The Solana ETF Showdown Begins

Looks like we’re replaying the Bitcoin ETF script, but this time with Solana as the star. The SEC’s approval process is in its final innings, and eight firms—some veterans, some wildcards—have thrown their hats in the ring. Buckle up; this is Wall Street meets crypto, with extra staking drama.

VanEck: The First Mover Gambit

VanEck pulled a “Nakamoto” by filing first back in June 2023, back when the SEC still insisted SOL was a security. Their bet? A Trump election win could grease the regulatory wheels. Now they’re lobbying hard for ‘first-come-first-served’ approvals. Pro tip: Watch their Kiln-powered staking play—it might just be their ace.

21Shares & Bitwise: The Fast Followers

21Shares filed just 48 hours after VanEck, pushing for in-kind redemptions (translation: you get actual SOL, not cash). Meanwhile, Bitwise CEO Hunter Horsley is out here calling Solana “the most compelling emerging asset” since sliced blockchain. Their Marinade-backed staking ETP? A cheeky preview of what an approved ETF might look like.

The Dark Horses: Canary Capital & CoinShares

Canary Capital smells opportunity—they’ve filed for everything from SUI to PENGUIN ETFs (yes, really). Then there’s CoinShares, Europe’s crypto ETP OG, sliding into the race last minute. Their Tezos ETP track record proves they’re not afraid of niche bets.

Heavyweights Enter the Chat: Grayscale & Fidelity

Grayscale wants to flip its SOL trust into an ETF, riding that NAV premium wave. Fidelity? They’re the sleeping giant here—with their army of retail brokerage accounts, they could funnel more institutional money into SOL than all others combined.

Why This Matters Beyond Price Action

Forget moonbags for a second. Approved Solana ETFs would:

  1. Force regulators to finally clarify SOL’s security status
  2. Mainstream staking rewards (SEC-mandated disclosures included)
  3. Set precedent for other altcoins

Bottom line: This isn’t just about financial products—it’s a referendum on crypto’s second act. And unlike ICO mania 2017, this time the adults are actually in the room.

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Hot comment (10)

ElToroBTC
ElToroBTCElToroBTC
2 days ago

🏎️ ¡Todos Quieren un Pedazo de SOL!

Parece que el ETF de Bitcoin fue solo el calentamiento… ¡ahora le toca a Solana! Ocho firmas compitiendo como si fuera la Champions League de las cripto. VanEck hizo su jugada maestra presentándose primero, mientras Bitwise y 21Shares les pisan los talones con sus estrategias ‘staking’.

🤔 El SEC: El Árbitro Más Temido

Aquí el verdadero drama es ver si el SEC finalmente decide si SOL es un security o no. ¡Hasta hay apuestas sobre si una victoria de Trump ayudará! (Spoiler: Nadie lo sabe).

💬 ¿Tú en quién confías más? ¿En los veteranos como Grayscale o en los dark horses como Canary Capital? ¡Déjalo en los comentarios!

#CriptoHumor #ETFsParaTodos

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WolfOfDEX
WolfOfDEXWolfOfDEX
2 days ago

Wall Street Meets Crypto Chaos

Move over Bitcoin ETFs, Solana’s the new star of this regulatory rodeo! Eight firms are scrambling for SEC approval like it’s Black Friday at a crypto exchange.

VanEck’s Playing 4D Chess First to file, first to lobby—these guys bet on Trump before he even announced his campaign. Their secret weapon? Staking rewards so juicy even the SEC might blink.

Dark Horse Alert: PENGUIN ETFs?! Between Canary Capital’s meme-worthy filings and CoinShares’ niche obsession (Tezos ETP anyone?), this race has more plot twists than a DeFi hack.

Pro tip: Watch Fidelity—their retail army could turn SOL into the next “stonks” meme overnight.

Place your bets folks—who’s your money on?

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BlockchainAlchemist

When Crypto Meets Wall Street

Move over Bitcoin ETFs – Solana’s turn to shine! Watching these financial giants scramble for SEC approval is like seeing hedge funds try to TikTok dance. VanEck filing first? Classic ‘early bird’ move… though in crypto time, that was approximately three lifetimes ago.

The Dark Horse Nobody Saw Coming

Canary Capital applying for a PENGUIN ETF alongside Solana? Either they know something we don’t, or someone lost a bet at the office holiday party. Meanwhile, Fidelity lurks in the shadows like that quiet kid who always wins the science fair.

Real talk though: If approved, this could finally answer whether my SOL bags are securities or just expensive souvenirs from the 2021 bull run. Place your bets in the comments – who’s getting that golden ETF ticket first?

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LunaWhale
LunaWhaleLunaWhale
2 days ago

The Crypto Hunger Games Begin

Move over Bitcoin ETFs - Solana’s ETF race is where the real drama’s at! Eight firms are duking it out like it’s Wall Street meets Squid Game.

VanEck came in swinging first, betting on Trump like it’s 2016 all over again. 21Shares & Bitwise followed faster than a SOL transaction speed (that’s fast for you non-crypto folks). And let’s not forget Canary Capital, out here filing for PENGUIN ETFs because why not?

Grayscale and Fidelity? They’re the quiet kids who might actually win this thing. This isn’t just about money - it’s about seeing who can navigate SEC regulations without crying. Place your bets!

Comment below: Who would YOU trust with your SOL?

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TouroCripto
TouroCriptoTouroCripto
2 days ago

A Loucura dos ETFs de Solana

Parece que estamos revivendo o hype dos ETFs de Bitcoin, mas agora com Solana no centro das atenções! Oito empresas estão na corrida pela aprovação da SEC, e algumas delas são verdadeiras surpresas. Desde a VanEck, que apostou tudo em ser a primeira, até a CoinShares, que parece estar disposta a lançar um ETF até para pinguins (sim, PENGUIN ETFs existem!).

Quem vai levar o troféu?

Enquanto isso, a Fidelity está quietinha no canto, mas com um exército de corretoras prontas para inundar o mercado de SOL. E você? Em qual cavalo está apostando? #CorridaDoETF #SolanaParaTodos

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BitNavegador
BitNavegadorBitNavegador
2 days ago

A Corrida dos ETFs de Solana Está Acirrada!

Parece que estamos revivendo o roteiro do ETF de Bitcoin, mas agora com Solana como estrela principal. Oito empresas estão na disputa pela aprovação da SEC, e cada uma tem sua estratégia única. Desde a VanEck, que apostou em ser a primeira, até a Fidelity, que pode mudar o jogo com seu poder institucional.

Quem leva a melhor?

  • VanEck está jogando duro com seu “golpe Nakamoto” e staking via Kiln.
  • 21Shares quer que você receba SOL de verdade, não dinheiro (olha o humor!).
  • Grayscale e Fidelity são os pesos pesados que podem virar o jogo.

No final, isso não é só sobre preços - é sobre definir o futuro das criptomoedas. E vocês? Em quem estão apostando? #SolanaETF #HODL

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CryptoQueenNY
CryptoQueenNYCryptoQueenNY
2 days ago

The Solana ETF Hunger Games

Move over Bitcoin ETFs, Solana’s got eight contenders fighting for SEC’s affection like it’s a high-stakes dating show. VanEck rushed in first (classic Nakamoto move), while Grayscale and Fidelity are lurking like the cool kids who show up late but still steal the spotlight.

Staking Drama Alert

21Shares wants you to get actual SOL (not that fake cash stuff), and Bitwise is out here calling Solana ‘sliced blockchain’—because why not? Meanwhile, Canary Capital filed for a PENGUIN ETF (yes, really).

Bottom line: This isn’t just about money; it’s crypto’s second act with adults in the room (mostly). Place your bets! 🚀

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BitLisboa
BitLisboaBitLisboa
2 days ago

A Batalha dos ETFs de Solana 🏎️💨

Parece que estamos a reviver o hype dos ETFs de Bitcoin, mas agora com Solana no centro das atenções! Oito empresas estão na corrida pela aprovação da SEC, e algumas já estão a dar cartas.

VanEck: O Pioneiro VanEck foi o primeiro a entrar na jogada, apostando numa vitória do Trump para facilitar as coisas. Será que a estratégia vai dar certo? 🤔

21Shares & Bitwise: Os Rápidos Dois dias depois da VanEck, já estavam lá! E ainda querem que recebas SOL em vez de dinheiro. Malandros! 😏

Grayscale & Fidelity: Os Pesos-Pesados Estes dois podem mudar o jogo completamente. A Fidelity tem tanto dinheiro que pode inundar o mercado de SOL num piscar de olhos. 💰

No final, esta corrida não é só sobre preços—é sobre definir o futuro das criptomoedas. E vocês? Em quem apostam para vencer? 🚀 #SolanaETF #CriptoRacing

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SereiaCripto
SereiaCriptoSereiaCripto
2 days ago

Corrida dos ETFs de Solana: Apostas já!

Parece que o mundo dos ETFs cripto está mais animado que um jogo do Benfica! Com oito corretoras na disputa pela aprovação da SEC, até o PENGUIN (sim, isso mesmo) quer entrar na brincadeira.

VanEck tá na frente, mas será que segura? E a Fidelity, essa gigante adormecida, pode virar o jogo com seu exército de investidores.

Aposto que até o Ronaldo está de olho nessa partida! E vocês, em quem tão apostando? #SolanaETF #CryptoHumor

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ChainSoler
ChainSolerChainSoler
1 day ago

¡Vaya carrera! Ocho firmas compitiendo por el ETF de Solana como si fuera la Champions League de las cripto.

VanEck llegó primero como un Messi financiero, pero los demás no se quedan atrás. 21Shares y Bitwise vienen pisando fuerte con sus estrategias de staking.

Y ojo con Fidelity, que podría ser el ‘tanque’ que arrase en este partido.

¿Quién crees que se llevará el trofeo? ¡Comenta tu apuesta!

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defi