On Wednesday afternoon, Bitwise Investment, a prominent asset manager and exchange-traded fund (ETF) issuer, submitted an S-1 form application for a spot Solana ETF to the US Securities and Exchange Commission (SEC) in the state of Delaware. This move positions Bitwise in the race for regulatory approval to launch an index fund that invests in Solana, currently the fourth-largest cryptocurrency by market capitalization. Bitwise Joins Race For Solana ETF This application follows similar efforts by other asset managers, including VanEck and Canary Capital, which have also sought approval for their…
