SEC Approves 21Shares Solana ETF Form 8-A for Cboe BZX

Regulatory clearance comes as digital asset trusts accumulate $2 billion in Solana, marking a 230% rise in September.

SOL

Summary

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Terms & Concepts
  • Form 8-A: A registration statement filed with the SEC for listing a security on a national securities exchange.
  • Solana (SOL): A high-performance blockchain known for its fast transaction speeds and low fees, with native token SOL.
  • ETF (Exchange-Traded Fund): An investment fund traded on stock exchanges that holds assets such as cryptocurrencies, stocks, or commodities.