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21Shares Seeks Approval for Spot Solana Exchange-Traded Fund

Swiss-based investment firm 21Shares has recently submitted an application for the creation of a new exchange-traded fund (ETF) focused on the popular cryptocurrency Solana. The fund, if approved, will be known as the 21Shares Core Solana ETF and will not involve staking the digital asset SOL. This move marks yet another step towards the mainstream adoption of cryptocurrency as a viable investment option. Stay tuned for updates on the progress of this application.