Solana News Update: Institutions Acquire 12% of Solana Supply Amid Escalating ETF Competition
- VanEck files final SEC paperwork for first U.S. Solana spot ETF (VSOL), signaling imminent Nasdaq listing after regulatory clearance. - Institutional demand surges with $370M in 13-day ETF inflows, as 24M SOL (12% of supply) now held by ETFs and treasury firms. - SOL price drops 4.9% amid FTX unlock pressures, contrasting ETF-driven buying despite Alameda's 8M+ SOL releases since 2023. - VanEck projects $500+ SOL price by year-end 2025, betting on ETF liquidity and Solana's scalability to mirror Ethereum
VanEck's
VanEck Digital Assets, LLC has made a significant move toward introducing the first spot Solana (SOL) ETF in the U.S., submitting a Form 8-A to the Securities and Exchange Commission (SEC) on November 13, 2025.
The ETF will physically hold
Despite overall market turbulence, institutional appetite for Solana has grown rapidly,
Regulatory approval has heightened competition among ETF providers. 21Shares recently rolled out its sixth Solana ETF, while Grayscale has added options trading to its GSOL product to boost institutional liquidity
Nevertheless, Solana’s price performance has been uneven. Despite strong ETF-driven demand, SOL fell 4.9% to $152.81 on November 11,
The regulatory environment for crypto ETFs is changing quickly. VanEck’s latest filing demonstrates confidence in Solana’s evolution as an asset,
As the SEC concludes its review,
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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