VanEck’s proposed spot Solana exchange-traded fund, to commerce underneath the ticker VSOL, has been added to the Depository Belief & Clearing Company’s roster of “active and pre-launch” securities
VanEck’s proposed spot Solana exchange-traded fund, to commerce underneath the ticker VSOL, has been added to the Depository Belief & Clearing Company’s roster of “active and pre-launch” securities. Placement on the DTCC web site alerts that the fund has secured a CUSIP and different logistical particulars wanted for secondary-market settlement.
The DTCC itemizing doesn’t represent regulatory clearance, and the ETF should nonetheless receive approval from the U.S. Securities and Trade Fee earlier than it may possibly start buying and selling. The step mirrors the method adopted by VanEck’s Bitcoin and Ether merchandise, which have been listed on the DTCC platform previous to receiving formal authorization.
That is an AI-generated article powered by DeepNewz, curated by The Defiant. For extra data, together with article sources, go to DeepNewz.
