Key Points
- DTCC listed VanEck’s proposed SOL ETF on the list of “active and pre-launch” funds.
- In March 2025, the US SEC delayed more ETF applications, including VanEck’s SOL ETF.
The US SEC could soon approve VanEck’s application for a Solana (SOL) ETF. This was hinted by the fact that DTCC listed VanEck’s proposal for a spot SOL ETF on the list of “active and pre-launch” funds, according to reports from June 17.
DTCC is an SEC-registered securities clearing corporation and an important part of the traditional financial system. This organization has been expanding its presence in the crypto space, including the launch of a tokenized collateral platform called AppChain, and it’s currently reportedly planning to launch a stablecoin.
DTCC Listed VanEck’s SOL ETF, VSOL
On June 17, the Depository Trust and Clearing Corporation (DTCC) listed VanEck’s proposed SOL ETF on its website with the ticker VSOL.
The move suggests that the US SEC may soon approve VanEck’s application for a SOL ETF. Previously, the regulator had delayed multiple applications for various crypto ETFs in March, including VanEck’s.
The DTCC’s list includes active and pre-launch ETFs. Pre-launch ETFs cannot be processed at the DTCC until they receive regulatory approval from the US regulator, according to DTCC’s official website.
DTCC notes that the fund cannot be created or redeemed. Earlier in 2025, the entity added two proposed Solana futures ETFs to the list:
- Volatilty Shares Solana ETF (SOLZ)
- Volatilty Shares 2x Solana ETF (SOLT)
These two SOL futures ETFs are still on the list as redeemable funds.
On March 20, the two SOL futures ETFs went live in the US, triggering a price surge for SOL.
SOL Price Trajectory on June 18
In the past 24 hours, SOL recorded price volatilty and it’s currently trading in the red, being down by more than 2%.
However, SOL’s price surged from a bottom at $146 on June 17, to over $148 on June 18. At the moment of writing this article, SOL is trading above $147 with a market cap of more than $77,88 billion.
