SPOT SALA ETF RACE: 21SHARES FOR REGISTION After amendment of US sec requests
Race of Trading Fund Solana (ETF) He draws valuable attention and efforts in the Crypto field, with the controlled companies of a number of postal claims. As the deadline for approval draws closer to the Fund, 21Shres are boldly active to improve its spots in Spot Solf.
21Shares adjusted the SPOT SO LAST ETF
In an important development of Solana in Cosystem And the Crypto Market, 21Shares submit the revised version of its SPOT SCOT SPOT ETF program. Such motion is a sign of desire that is unwelled in opening investment products in traditional market.
Party, a platform of Sol News, frequent The main movement of the latest posts in the Social Media Platform X, shows growing pressure between the asset management to create Crycoin.
As the company looks US Securities and exchange commission (sec) For the approval, the revised completion efforts to strengthen the proposal and concern issues relating to the Fund. Specially, the updated version answers US secs comments with important Fund locations, such as kindly blasphemy.
21Shares’ core Blank ETF (The Trust) is sponsored by 21Shares US LLC, known as Amun Holdings Limited. In addition, it is a trading fund for exchanging trading in CBOE BZX Exchange, Inc (swap) and issues General shares are good wholehearted shares (shares).
In search of its investment purpose, the trust will hold sol and use the price benchmark to find the daily value of its shares. It is important to note that the trusted investment is not a direct funding in sol and does not provide investment directly to the altcoin. Instead, it provides investors the opportunity to put the solar system indirectly using a regular brokerage account, to avoid risks and any obstacles of The market market.
According to the application, “All the HAL’s Trust will be caught by the Sol Calledidian,” Coinbase Custody Trust Company, LLC. Custodian host carries for private insurance companies rather than insurance by the Federal Deposit Insurance Corporation (FDIC).
Many companies join fray
Since submitting a SPOT SALA ETF, several companies have submitted applications for money. A recent location application Reasonable and ETF has been submitted to the US Secion from CBOE BZX Exchange.
In the past few days, CBOE BZX suspicion To enter the Invesco Galaxy Sol Etf in Exchange. The Coe’s Etf, which is rooting based on the asset under the Bzx Rule Act 14.11, aims to provide controlled access to the sol and the consolidated incidents. This movement comes with weeks following the first edition of ETF in the United States.
If the Commission is approved, the Investic Galaxy Sol Etf could be between the first ETFS of the sidelity donated to the US. When approved, both money and Kind creation and postponement will be allowed by the bag.
Picture included from Getty, Chart from TradingView.com
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