According to a public document, Cboe has submitted an application to the U.S. SEC for the listing of 21 Shares Solana ETF and VanEck Solana ETF’s 19b-4 form. The purpose of this form is to allow the organization to understand the proposed rule changes and is part of the approval process for the crypto ETF. The exchange states in both documents: “Similar to Bitcoin and ETH, the exchange believes that SOL is able to resist price manipulation and there are other means to prevent fraud and manipulative practices, thus demonstrating that it is reasonable to cancel the necessary monitoring sharing agreement.” President of The ETF Store, Nate Geraci, commented that once the U.S. Securities and Exchange Commission confirms these documents, the decision clock starts ticking. [img]
Tags: Cboe, SEC, Solana ETF, VanEck
Source Link: https://x.com/NateGeraci/status/1810410517522944415
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Original Article Link: https://www.bitpush.news/articles/6919872
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