VanEck Solana ETF Listed on DTCC as $VSOL

VanEck's spot Solana ETF appears on DTCC with ticker $VSOL, signaling key progress toward potential SEC approval.

  • VanEck’s Solana ETF listed on DTCC as $VSOL.
  • Listing signals readiness but not yet SEC-approved.
  • Launch could follow soon if greenlit by regulators.

What’s Happening with VanEck’s Solana ETF?

VanEck’s proposed spot Solana ETF has taken a major step forward—it’s now officially listed on the Depository Trust & Clearing Corporation (DTCC) under the ticker VSOL. The DTCC listing is a preparatory measure used by ETF issuers ahead of a potential launch, indicating the ETF’s infrastructure is ready for trading once the U.S. Securities and Exchange Commission (SEC) gives the final nod.

What the DTCC Listing Really Means

Being listed on the DTCC doesn’t mean the ETF is approved or ready to trade just yet. It simply means the back-end systems for clearing and settlement are in place. The ETF is currently marked as “D,” which stands for “deferred”—a placeholder status until the SEC’s review is complete.

Still, the DTCC move reflects serious intent and preparation by VanEck. It mirrors previous processes seen in Bitcoin and Ethereum ETF rollouts.

Could We See a Launch Soon?

According to market analysts, including those from Bloomberg, there’s a strong possibility the SEC could approve the ETF within weeks. If greenlit, VanEck would offer investors a regulated vehicle to gain exposure to Solana (SOL) through traditional stock exchanges—without directly holding the token.

This development could also bolster institutional interest in Solana and signal broader acceptance of altcoin-based financial products.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Isolde Verne

Isolde Verne is a passionate crypto writer, focusing on blockchain innovation, NFT ecosystems, and the societal impact of decentralized systems. Her engaging style bridges the gap between technology and everyday understanding.

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