TLDR:

VanEck’s Form 8-A filing signals its Solana ETF is entering the final stages before trading approval.
The ETF will hold SOL directly and track pricing through the MarketVector Solana Benchmark Rate.
VanEck states the trust may stake SOL holdings after regulatory and tax review but avoids leverage.
The filing aligns with typical ETF launch timelines that often see trading commence shortly afterward.

The asset manager VanEck Digital Assets, LLC has filed a Form 8-A with the U.S. Securities and Exchange Commission (SEC) for its proposed spot-Solana (SOL) ETF, a key regulatory step that typically appears right before product launch.  

The filing covers the “Shares of VanEck Solana ETF” under Section 12(b) of the Exchange Act, referencing the earlier S-1 registration (File No. 333-280517) filed on October 27 2025. VanEck’s move follows the earlier S-1 amendment and signals that listing approval may be imminent. 

Moreover, the move arrives amidst a broader scramble of Solana-linked ETF issuers preparing for the next wave of crypto investment vehicles.

VanEck Solana ETF Filing Signals ETF Launch

The Form 8-A explicitly states that the “Shares of VanEck Solana ETF” are to be registered under Section 12(b) of the Exchange Act for listing on Nasdaq Stock Market LLC. That suggests VanEck is preparing for listing of its spot Solana ETF under the ticker symbol VSOL, previously referenced in its S-1 prospectus. 

Moreover, the S-1 document revealed that the Trust aims to hold SOL tokens and may stake a portion of its SOL holdings subject to regulatory and tax advice. The trust will gauge the value of SOL holdings using the MarketVector Solana Benchmark Rate, which is calculated from pooled data across leading SOL trading platforms. 

The form lists Delaware as the incorporator and notes that VanEck Digital Assets, LLC, a subsidiary of Van Eck Associates Corporation, acts as the Sponsor. Investors should note that the Trust is passive, will not employ derivatives or leverage, and will reflect the performance of SOL, less the Trust’s expenses. 

Importantly, the filing date of the Form 8-A is November 13 2025. The timing is consistent with industry practice where such filings precede trading commencement, often by one business day or soon after.

Implications for Solana ETF Market and Trading

With VanEck’s Form 8-A filed, market participants view the Trust as entering its final regulatory phase. The filing typically signals that exchanges are cleared to begin listing approval and trading could begin in short order. That aligns with commentary noting multiple Solana ETF applicants are poised for approval. 

The entrance of a Solana spot ETF extends the wave of crypto-asset spot ETFs beyond Bitcoin and Ether, opening institutional-friendly exposure to Solana. The S-1 disclosed risks including concentration in a single asset class, volatility in SOL markets, and dependence on liquidity providers and custodian infrastructure. 

The trust’s ability to stake a portion of SOL could attract yield-seeking investors, though VanEck emphasised staking is subject to tax and regulatory review. 

For crypto markets, the filing may influence trading behaviour in SOL, as investors position ahead of potential ETF listing. The broader ETF launch could also intensify competition among issuers of alt-coin spot ETFs. 

The regulatory progression suggests that spot crypto ETFs tied to Solana might reach markets soon, contingent on exchange listing review and operational readiness. 

The post VanEck Pushes Solana ETF to Brink of Launch With Fresh SEC Filing appeared first on Blockonomi.

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Filed under: Bitcoin - @ November 14, 2025 4:18 am