VanEck’s Solana ETF Nears Launch After Final 8-A Submission

VanEck is moving closer to launching its Solana ETF. The company recently submitted a Form 8-A to the Securities and Exchange Commission (SEC), indicating that trading could start shortly. This filing has traditionally been the final requirement before an ETF can be listed.

VanEck Prepares Solana ETF for Launch

VanEck’s filing of the Form 8-A for its spot Solana ETF marks an important milestone. This submission usually occurs just before a product launches. Practically speaking, the ETF could begin trading as soon as the next market day once it receives approval. This step is more than a procedural requirement; it demonstrates the company’s strategic planning and readiness to respond to investor demand.

Last month, VanEck also updated its S-1, showing a 0.3% management fee and its staking strategy. These plans aim to increase returns for investors while supporting the Solana network. The approach combines standard fund management with blockchain features.

Interest in crypto ETFs remains strong despite economic uncertainty. Solana’s fast network and active ecosystem make it a popular choice for new ETFs. The timing is favorable as investors seek diversified exposure beyond Bitcoin and Ethereum.

Solana ETFs See Strong Investor Demand

Data from SoSoValue shows that Solana funds have seen 13 consecutive days of inflows, with $1.49 million added on Thursday alone. Bitwise’s BSOL ETF led the inflows, while Grayscale’s Solana Trust reported no new additions.

Since BSOL launched on October 28, total net inflows across active Solana ETFs have reached $370 million. Almost $200 million came in during the first week, exceeding analysts’ initial expectations. This indicates rising interest in focused exposure to Solana’s ecosystem, even amid periods of crypto market volatility.

Nick Ruck from LVRG Research called Solana ETFs a “high-beta complement” to BTC and ETH funds, offering potential for higher returns along with higher risk. These products are increasingly attracting institutional investors seeking more targeted, asset-specific strategies, reflecting a broader trend in institutional crypto adoption.

Recent SOL Performance and ETF Updates

Although investor demand for SOL remains strong, the token’s price has been volatile in the short term. It currently trades around $138 after falling roughly 12% in 24 hours alongside broader market losses.

At the same time, Grayscale has launched options trading for its Solana Trust ETF (GSOL), enabling more sophisticated trading strategies.

Options on $GSOL are now live.

More ways to trade, build, and craft your @solana exposure via Grayscale Solana Trust ETF (ticker: $GSOL) with 100% Staking, 0% Fee¹, and averaging over 7% Staking Rewards Rate².

Gain exposure to one of the world’s biggest crypto ecosystems from… pic.twitter.com/Kri4ee6w6h

— Grayscale (@Grayscale) November 11, 2025

The move is attracting institutional investors who want hedging or leveraged positions. Overall, the push for new crypto ETFs continues into Q4 despite regulatory uncertainties.

What Does It Mean for Investors?

VanEck’s filing indicates that U.S. investors could soon access Solana via a regulated ETF. If approved by the SEC, the fund may start trading quickly, offering both retail and institutional investors a way to gain focused exposure. Even with SOL price swings, ongoing ETF inflows suggest that confidence in the asset and its ecosystem remains solid.