Journalist
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Key takeaways
How has Solana performed in the market recently?
Despite the ETF’s anticipation, SOL prices fell to around $140.71, falling more than 10% in 24 hours, reflecting broader crypto weakness.
How soon could VanEck’s Solana ETF officially launch after SEC filing?
VanEck’s Solana ETF could launch within a few weeks of SEC Form 8-A filing, as this step typically precedes an ETF’s official listing.
VanEck, a major player in the exchange-traded fund (ETF) space, is hinting that its long-awaited Solana Spot ETF (SOL) could launch soon.
The company filed a Form 8-A with the U.S. Securities and Exchange Commission (SEC), a procedural step typically done shortly before an ETF goes live.
This highlights a growing wave of crypto ETF activity that shows no signs of slowing down, with SOL emerging as one of the most sought-after assets in the latest round of filings and launches.
Even during the U.S. government shutdown, requests for ETFs continued to flood in.
Other Solana ETFs and their performance
Since November 2025, the crypto ETF market continues to grow steadily. Currently, four ETFs are active, with ten more awaiting regulatory approval.
Notably, Solana ETFs maintained positive momentum, recording twelve consecutive days of inflows. This trend contrasts with the product releases seen for Bitcoin (BTC) and Ethereum (ETH) products during the same period.
According to the latest data from Farside Investors, as of November 13, Bitwise’s BSOL ETF led daily inflows with $1.5 million.
In comparison, GSOL saw no inflow. This divergence highlights mixed investor sentiment as the broader market goes through a period of recalibration.
Is Solana’s price development a cause for concern?
However, despite the excitement surrounding VanEck’s Solana ETF, market sentiment towards SOL remained subdued, reflecting the broader crypto slowdown.
At press time, SOL was trading at $144.67, then $140.71, down 10.11% in 24 hours, according to CoinMarketCap.
But looking closer, SOL weakness coincided with Bitcoin falling below $100,000, putting pressure on the entire altcoin market.
