Key takeaways
How has Solana performed in the market recently?
Despite the ETF anticipation, SOL prices dipped to around $140.71, falling over 10% in 24 hours, mirroring broader crypto weakness.
How soon could VanEck’s Solana ETF officially launch after the SEC filing?
VanEck’s Solana ETF could launch within weeks of the SEC Form 8-A filing, as this step typically precedes an ETF’s official listing.
VanEck, a major player in the exchange-traded fund (ETF) space, is hinting that its long-anticipated Solana [SOL]spot ETF may be launching soon.
The firm has filed an 8-A form with the U.S. Securities and Exchange Commission (SEC), a procedural step typically made shortly before an ETF goes live.
This highlights a growing wave of crypto ETF activity that shows no signs of slowing, with SOL emerging as one of the most sought-after assets in the latest round of filings and launches.
Even during the U.S. government shutdown, ETF applications have continued to pour in.
Other Solana ETFs and their performance
As of November 2025, the crypto ETF market continues to grow steadily. Currently, four ETFs are active, with ten more awaiting regulatory approval.
Notably, Solana ETFs have maintained positive momentum, recording twelve consecutive days of inflows. This trend stands in contrast to the outflows seen in Bitcoin [BTC] and Ethereum [ETH] products during the same period.
According to the latest data from Farside Investors, as of the 13th of November, Bitwise’s BSOL ETF led daily inflows with $1.5 million.
In comparison, GSOL saw no inflows at all. This divergence underscores the mixed investor sentiment as the broader market undergoes a period of recalibration.
Is Solana’s price action concerning?
However, despite the excitement surrounding VanEck’s Solana ETF, market sentiment for SOL has remained subdued, mirroring the broader crypto downturn.
At press time, SOL was trading at $144.67, later slipping to $140.71, marking a 10.11% decline in 24 hours, according to CoinMarketCap.
But if looked closely, the weakness in SOL coincided with Bitcoin’s drop below $100,000, putting pressure on the entire altcoin market.
