VanEck’s proposed spot Solana exchange-traded fund, to trade under the ticker VSOL, has been added to the Depository Trust & Clearing Corporation’s roster of “active and pre-launch” securities
VanEck’s proposed spot Solana exchange-traded fund, to trade under the ticker VSOL, has been added to the Depository Trust & Clearing Corporation’s roster of “active and pre-launch” securities. Placement on the DTCC site signals that the fund has secured a CUSIP and other logistical details needed for secondary-market settlement.
The DTCC listing does not constitute regulatory clearance, and the ETF must still obtain approval from the U.S. Securities and Exchange Commission before it can begin trading. The step mirrors the process followed by VanEck’s Bitcoin and Ether products, which were listed on the DTCC platform prior to receiving formal authorization.
This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.