(Reuters) – Investment manager VanEck filed to list an exchange-traded fund (ETF) tied to the spot price of crypto token Solana, according to a regulatory filing on Thursday.
The filing comes months after the approval of spot bitcoin ETFs, which paved the way for fund managers to mull providing similar investment vehicles tied to other cryptocurrencies.
The Securities and Exchange Commission is also expected to approve ether ETFs as soon as next week, Reuters reported.
VanEck did not disclose the fees it would charge for the fund.
(Reporting by Niket Nishant in Bengaluru; Editing by Shounak Dasgupta)
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