21Shares Set to Launch Sixth Spot Solana ETF After Final SEC Filing
21Shares has submitted its final filing with the U.S. Securities and Exchange Commission as it moves to launch what would be the sixth spot Solana (SOL) exchange-traded fund. The application positions 21Shares alongside a recent cohort of asset managers racing to provide direct SOL exposure after a string of earlier filings and launches.
If approved, the fund would broaden investor choice and could improve liquidity and price discovery for SOL while intensifying competition on fees, custody and tracking performance among the six products. The filing itself is not an approval and timing remains uncertain, but the steady flow of spot SOL ETFs highlights sustained institutional demand and the ongoing ‘ETFization’ of major altcoins, which may influence how investors access and allocate to Solana going forward.