Cboe withdraws Solana ETF application, VanEck executives say listing plan 'still ongoing'

According to Matthew Sigel, head of the digital asset research department at asset management company VanEck, although the Chicago Board of Options (Cboe) has withdrawn its regulatory filing for listing Solana exchange traded funds (ETFs) on the exchange, VanEck's Solana ETF plan is "still ongoing".

Sigel wrote on the X platform: 'Some people have noticed that the 19b-4 file of VanEck Solana ETF has been removed from the CBOE website.'. Please note that exchanges like Nasdaq and CBOE will propose rule changes (19b-4) to list new ETFs, while issuers like VanEck are responsible for the prospectus (S-1). Our work is still ongoing

On July 9th, Cboe submitted an application to the US Securities and Exchange Commission (SEC) seeking to list the Solana ETF under the VanEck and 21Shares plans, and requested the SEC to make a final decision by March next year. This application is referred to as the 19b-4 document, which is different from the S-1 submitted by the issuer.

According to sources cited by The Block, the SEC expressed concerns about Solana's securities nature in conversations with potential ETF issuers before Cboe removed the relevant 19b-4 files from its website. According to informed sources, after discussion, the SEC and Cboe agreed not to submit the 19b-4 document to the Federal Register as it would initiate the approval process and put pressure on the SEC.

data source

欧意交易所最新推荐
OK交易所下载	USDT钱包下载	比特币平台下载
挖比特币方法	买稳定币教程	钱包注册指南

本文标签：

声明：本文由代码号注册/游客用户【澜漪】供稿发布，本站不对用户发布的Cboe withdraws Solana ETF application, VanEck executives say listing plan 'still ongoing'信息内容原创度和真实性等负责。如内容侵犯您的版权或其他权益，请留言并加以说明。站长审查之后若情况属实会及时为您删除。

很赞哦！ ()