VanEck’s proposed spot Solana exchange-traded fund (ETF), VSOL, has now appeared on the Depository Trust & Clearing Corporation’s (DTCC) list under the “active and pre-launch” category, marking a significant step forward in its potential approval.

While this status does not guarantee regulatory clearance, it brings the fund closer to possible trading on US exchanges and reflects a broader trend of institutional recognition for Solana-based investment products.

Solana ETF listing moves to pre-launch stage

The DTCC listing confirms that VanEck’s VSOL is now registered for future electronic trading and clearing.

This follows the SEC’s recent request that issuers, including VanEck, submit updated S-1 registration forms.

Although the ETF cannot currently be created or redeemed, its presence on the DTCC’s platform signals that infrastructure is being prepared should approval be granted.

Bloomberg analysts James Seyffart and Eric Balchunas said the SEC is actively engaging with S-1 filings for Solana-based ETFs, suggesting growing openness to expanding crypto ETF offerings.

James Seyffart

@JSeyff

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Delay here was expected. Intermediary deadline for this was today.

But, SEC is engaging on S-1 for Solana Staking ETFs and that’s a *very* positive sign. Still, timelines for approvals are less certain IMO

12:03 am · 18 Jun 2025

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