Solana spot ETF listed on DTCC: Is approval near?

The Solana spot ETF application of VanEck, which has approximately $100 billion in assets under management, could be approved in a short time. The fund has started to be listed at the (DTCC- Depository Trust & Clearing Corporation) in the US.

There is no certainty, but...

However, the listing of a fund on the DTCC does not mean that the fund will be definitively approved by the Securities and Exchange Commission. Nevertheless, funds listed on the DTCC also receive approval from the SEC. The approval processes of the DTCC, which provides many infrastructure services such as the settlement and custody of securities, operate separately and independently from the SEC.

Despite the fund being listed, DTCC notes here that it is currently not possible to create or withdraw the fund. Analysts expect Solana spot ETFs to be approved this year.

At the beginning of the year, DTCC added two Solana futures funds to its list and put them into operation. These were the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2x Solana ETF (SOLT) funds.

It is also known that DTCC, which recently launched a tokenized collateral platform, wants to issue a stablecoin.

Published: June 18, 2025 16:16

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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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