Solana price soars on VanEck spot ETF filing

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Solana EFT News

Solana,Vaneck,Jared Blikre

The price of Solana (SOL-USD) is jumping after VanEck filed for a Solana EFT in the US called the VanEck Solana Trust. Yahoo Finance Reporter Jared Blikre...

Cryptocurrency Solana is popping today after US asset manager Van Eck filed for a Solana ETF with the Securities and Exchange Commission.

The spot ETF application is the first for Solana in the US, and Jared Blier is here with the details.Uh, those have not come to market. But now we just got the filing for a salon spot van doing that filing and you can see the results on the price action here.And it wasn't limited to just Solana. I think this is pretty important because we saw the BIA moth Bitcoin got a bit of a spike in there, not quite as dramatic, but still up at the same time frame.And I think that's telling, too, because the Ethereum Network is a competitor to Solana and Cardano, for that matter, when you're looking at smart contracts to be deployed.

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