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Solana News Update: Institutions Acquire 12% of Solana Supply Amid Escalating ETF Competition

Solana News Update: Institutions Acquire 12% of Solana Supply Amid Escalating ETF Competition

Bitget-RWA2025/11/19 17:26
By:Bitget-RWA

- VanEck files final SEC paperwork for first U.S. Solana spot ETF (VSOL), signaling imminent Nasdaq listing after regulatory clearance. - Institutional demand surges with $370M in 13-day ETF inflows, as 24M SOL (12% of supply) now held by ETFs and treasury firms. - SOL price drops 4.9% amid FTX unlock pressures, contrasting ETF-driven buying despite Alameda's 8M+ SOL releases since 2023. - VanEck projects $500+ SOL price by year-end 2025, betting on ETF liquidity and Solana's scalability to mirror Ethereum

VanEck's

Spot ETF Approaches Debut After SEC Grants Final Approval, Fueling Institutional Interest

VanEck Digital Assets, LLC has made a significant move toward introducing the first spot Solana (SOL) ETF in the U.S., submitting a Form 8-A to the Securities and Exchange Commission (SEC) on November 13, 2025.

, which typically precedes the start of trading, suggests that the ETF—expected to trade under the symbol VSOL on Nasdaq—could launch very soon. This step follows VanEck’s revised S-1 registration in October and is consistent with industry practice, where such filings are within a matter of days.

The ETF will physically hold

tokens and will use the MarketVector Solana Benchmark Rate—sourced from leading exchanges —to track prices. The fund will not utilize leverage or derivatives, but may stake some of its assets, subject to regulatory and tax considerations . This approach reflects broader trends in crypto ETF development, expanding institutional access beyond and to include high-performance networks like Solana.

Despite overall market turbulence, institutional appetite for Solana has grown rapidly,

over 13 straight days as of late October 2025. There are already four Solana ETFs trading, with ten more—including VanEck’s—awaiting regulatory clearance . The combined holdings of ETFs and treasury management entities now surpass 24 million SOL—about 12% of the total supply— .

Regulatory approval has heightened competition among ETF providers. 21Shares recently rolled out its sixth Solana ETF, while Grayscale has added options trading to its GSOL product to boost institutional liquidity

. Bitwise’s BSOL fund, which offers staking returns as high as 7% per year, has seen robust inflows, bringing in $1.49 million on Thursday alone . to Solana’s scalability, vibrant developer community, and staking incentives, positioning it as a “high-beta alternative” to Bitcoin and Ethereum investment vehicles.

Solana News Update: Institutions Acquire 12% of Solana Supply Amid Escalating ETF Competition image 0

Nevertheless, Solana’s price performance has been uneven. Despite strong ETF-driven demand, SOL fell 4.9% to $152.81 on November 11,

as a scheduled token unlock from the FTX bankruptcy estate took place. The drop pushed SOL under its 100-week moving average, to $100—a five-month low last reached in June. Analysts point out that, while ETF inflows provide a foundation, —which has distributed roughly 8 million SOL since 2023—continue to counteract upward momentum.

The regulatory environment for crypto ETFs is changing quickly. VanEck’s latest filing demonstrates confidence in Solana’s evolution as an asset,

by the end of 2025, driven by ecosystem expansion and ETF-driven liquidity. However, skeptics warn that the ETF’s long-term success depends on continued institutional participation and stable macroeconomic conditions.

As the SEC concludes its review,

of Solana-based investment products, much like Ethereum’s growth after its ETF launch. With institutional investors already holding 24 million SOL, the market seems set for a major transition—balancing speculative enthusiasm with the requirements of traditional finance.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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