DTCC Adds VanEck’s Spot SOL ETF to “Active & Pre‑Launch” List
The post DTCC Adds VanEck’s Spot SOL ETF to “Active & Pre‑Launch” List appeared on BitcoinEthereumNews.com.
VanEck’s spot Solana ETF (VSOL) is now on DTCC’s “active and pre-launch” list, hinting it could be close to SEC approval. It’s a strong sign that Solana’s gaining legit traction with institutions and might spark more altcoin ETFs ahead. VanEck’s proposed spot Solana ETF, trading under the ticker VSOL, has officially been added to the DTCC’s “active and pre-launch” list. This move suggests that most of the behind-the-scenes prep is done, and the ETF could be closing in on final approval from the SEC. Even though VSOL isn’t available for trading just yet, getting listed on the DTCC’s platform is usually one of the last steps before a fund goes live What the DTCC Listing Really Means for VSOL Getting listed on the DTCC’s registry shows that all the behind-the-scenes systems like clearing, settlement, and custody are ready to go. It’s a technical green light that the ETF can function smoothly once trading starts. It also follows a familiar playbook. VanEck’s spot Ethereum ETF was added to the DTCC list in May 2024 and went live on the Cboe shortly after. So, VSOL showing up here strongly hints it’s nearing the finish line—just waiting on the SEC to make the final call. Even though VSOL shares aren’t redeemable yet, this move shows that the plumbing’s in place and VanEck’s getting everything lined up for launch. The DTCC listing also fits into a bigger shift we’re seeing, traditional finance is slowly but surely making space for digital assets like spot ETFs. This kind of step doesn’t just clear the path for VSOL; it helps set the tone for how future crypto-backed products could roll out more smoothly and get broader acceptance across the board. How a Spot SOL ETF Might Move the Market If VSOL gets the green light and launches,…
Filed under: News - @ June 18, 2025 10:28 am