Asset manager VanEck has clarified that its plans for a Solana exchange-traded fund (ETF) are still on track, despite the recent removal of Cboe Global Markets’ regulatory filing.
The removal of this filing, known as a 19b-4, sparked speculation about the fate of the proposed ETF.
VanEck emphasized that while exchanges like Cboe are responsible for filing to list new ETFs, the ETF issuer itself is responsible for the prospectus. VanEck’s prospectus for the Solana ETF remains active.
This development comes after Cboe filed a 19b-4 in July seeking SEC approval for both VanEck’s and 21Shares’ proposed Solana ETFs.
The removal of this filing in August led to uncertainty about the timeline for these ETFs.
