VanEck Solana Spot ETF Listed on DTCC, Awaiting Approval – Coincu

VanEck’s Solana Spot ETF, now listed on DTCC as of June 18, 2025, is pending further regulatory approvals.

The DTCC listing positions Solana for increased institutional interest, contingent on SEC’s approval, impacting Solana’s future market dynamics.

VanEck’s Solana Spot ETF Moves Closer to Launch

VanEck, a global investment manager, has made a significant move by listing its Solana Spot ETF on the DTCC website with the ticker VSOL. This step is crucial to grant the ETF market entry once the SEC provides approval.

The listing signifies progress but remains in a dormant phase, marked “D” on DTCC’s site. Expect planning stages to evolve upon SEC endorsement, potentially leading to increased SOL market engagement.

There are presently no direct statements from VanEck’s leadership regarding the DTCC listing. However, previous similar ETF actions have seen vigorous market anticipation and speculative discussions within the crypto industry.

Solana’s Market Position and Potential Growth

Did you know? The Bank of America previously described Solana as a “Visa of the digital asset ecosystem,” highlighting its potential impact in large-scale transaction environments.

Solana (SOL), priced at $148.12 as of June 17, 2025, holds a market cap of $78,188,804,333 and dominates 2.40% of the market, according to CoinMarketCap. Its price shifted -2.66% in 24 hours, with a notable change in the past 90 days—up by 9.39%.

Insights from Coincu Research Team suggest that regulatory approvals could lead to enhanced institutional adoption of SOL, given past trends in other crypto ETF approvals, enhancing both liquidity and market participation.

As of now, there are no direct quotes available from key players or leadership regarding the VanEck Solana Spot ETF (VSOL) and its listing by the DTCC. The sources reviewed do not provide any specific statements from executives such as Jan van Eck or insights from other relevant figures in the cryptocurrency or financial industries. Consequently, it is not possible to present formatted quotes as requested.