CBOE requested approval of the SEC after submitting the listing of Solana ETFs

• The Chicago Board Options Exchange (CBOE) has submitted two applications to the listing of spot solana ETFs on their platform
• The stock exchange has asked the SEC to approve the listing of the Spot-Solana-ETFs from 21shares and Vaneck
• The SEC must decide by March 2025
• An analyst believes that the ETF approval depends on whether Donald Trump will be re-elected as US President

The Chicago Board Options Exchange (Choe) has submitted applications to the listed funds (ETFS) 21shares and Vaneck Spot Solana in the US stock exchange supervision SEC (Securities and Exchange Commission). The supervisory authority must decide by this by March 2025.

CBOE two applications submitted two applications on Formblatt 19b-4: 21aktien Core Solana and the Vaneck Solana Trust . Now that the sec has received the applications and must decide according to his regulations within 240 days.

The submissions in the CBOE take place for a few weeks after vaneck has submitted an S-1 form for an S-1 form for an Solana ETF

21Shares also submitted a separate S-1 application at the SEC a According to CBOE, a potential Solana ETF is similar to the spot bitcoin and spot ethhereum fund. In addition, it is said: "Similar to Bitcoin and ETH, the stock exchange believes that Sol is resistant to price manipulations and that there are" other means of preventing fraudulent and manipulative actions and practices ", which justify the waiver of the required surveillance approval agreement."

Result of a Solana etf

CBOE already lists six of the ten available Spot-Bitcoin ETFs: Ark/21shares, Fidelity Wise, Franklin, Investo Galaxy, Vaneck and Wisdom Tree. If and if Spot ethereum ETFs are approved by the SEC, CBOE would list five of them.

It remains to be seen whether Spot-Solana-ETFS receive green light or not.

according to Eric Balchunas, a senior ETF analyst at Bloomberg, the possibility of a Solana ETF depends on whether Donald Trump is re-elected as US President. Balchunas believes that the applications in the event of a victory of biden probably " already died when arrival ."

he shared this view in June after the application of 21shares for a Solana ETF. as he said Style = "Font-Weight: 400;"> "The chances of approval of a Solana ETF" in the next twelve months could improve if Trump wins the choice this year.