According to Wu, Bitwise has submitted documents in Delaware, USA, to register the BITWISE SOLANA ETF entity, which means that Bitwise will also join the ranks of those applying for a Solana spot ETF. Previously, several companies had applied to register Solana spot ETFs, and the public is anticipating that Trump and the new SEC chairman might approve the Solana ETF after taking office.

Bitwise has registered a Solana ETF in Delaware.

Odaily Planet Daily News - According to documents from the Delaware state government, Bitwise has registered its Solana ETF in the state.

According to documents from the Delaware government, Bitwise has registered its Solana ETF in the state.

According to BlockBeats, on November 21, Bitwise has registered its Solana ETF in the state of Delaware, according to documents from the Delaware government.

Bitwise has submitted documents in Delaware, USA, to register the BITWISE SOLANA ETF entity, which means that Bitwise will also join the ranks of applying for Solana spot ETF. Some companies have applied to register Solana spot ETF and expected that Trump and the new SEC chairman may approve Solana ETF after taking office. 

According to Wu, Bitwise has filed documents in Delaware, USA, to register the BITWISE SOLANA ETF entity, which means that Bitwise will also join the ranks of those applying for a Solana spot ETF. Previously, several companies have applied to register a Solana spot ETF, and there are expectations that Trump, alongside the new SEC chairman, may approve the Solana ETF.

Bitwise applies to register a Solana-related ETF in the state of Delaware, USA.

According to Deep Tide TechFlow, on November 21, as reported by Cointelegraph, Bitwise has submitted documents to the Delaware Secretary of State in the United States to apply for the registration of its first Solana-related ETF.

Bitwise has applied for the registration of a Solana-related ETF in the state of Delaware, USA.

PANews, November 21, news reported by Cointelegraph, Bitwise has submitted documents to the Delaware Department of State in the United States to register its first Solana-related ETF.PANews, November 21, news reported by Cointelegraph, Bitwise has submitted documents to the Delaware Department of State in the United States to register its first Solana-related ETF.

PANews reported on November 21 that Bitwise has filed documents with the Delaware Department of State in the United States to register its first Solana-related ETF, according to Cointelegraph.

Bitwise has applied to register a Solana-related ETF in Delaware, USA.

Bitwise has filed for a spot Solana ETF, joining VanEck and Canary Capital in the race to launch Solana ETFs. This move comes amid growing anticipation for regulatory changes under the Trump administration, which could provide more clarity for crypto investments. The Solana price is nearing an all-time high, with bulls aiming for a breakout above $240 to reach $300. Besides Solana, there is increasing demand for ETFs linked to XRP, Hedera (HBAR), and Dogecoin (DOGE). Bitwise has already registered a statutory trust for the Solana ETF in Delaware but needs to complete further filings with the SEC. The Trump administration's potential crypto-friendly policies are fueling optimism in the market.

DOGE

HBAR

HIGHLIGHTS The spot Solana ETF filing coincides with rising anticipation that regulatory policies under the Trump administration. The Solana bulls are eyeing for a breakout above $240 SOL price to continue rally to $300.  Beyond Solana, demand for ETFs tied to assets like XRP, Hedera (HBAR), and Dogecoin (DOGE) is increasing. Asset manager Bitwise Invest is the latest to submit its documents for filing spot Solana ETF. With this filing, Bitwise is now in a race with other market players like VanEck and Canary Capital to bring the SOL ETFs to the market. The filing comes at a time when the SOL price is just 10% away from hitting a fresh all-time high.
Bitwise Files for Spot Solana ETF
According to the State of Delaware’s Division of Corporations website, Bitwise has currently registered a statutory trust for its proposed Solana exchange-traded fund (ETF). Notably, this is just registration and the asset manager needs to do more groundwork filings with the U.S. Securities and Exchange Commission (SEC).



To join VanEck and Canary Capital in Solana ETF race, Bitwise needs to submit the 19b-4 and S-1 forms to the US SEC. However, the asset manager has been steadfast in its approach to crypto ETFs, with Bitcoin ETF (BITB) and Ethereum ETF (ETHW) already trading on Wall Street. Last month, the asset manager filed for the spot XRP ETF.

With Donald Trump set to take charge of the White House in January 2025, the euphoria for spot Solana ETF has increased tremendously. Under the Trump administration, there's renewed hope for a crypto regulatory framework and more clarity. The Trump-Vance transition team is holding discussions with crypto industry players to set up a White House post that will look into crypto policies.
Demand Grows for XRP, HBAR, DOGE ETF
Citing this wave of developments in the crypto ETF space, ETF Store President Nate Geraci said that there are ongoing spot ETF filings for several major cryptocurrencies, including Solana (SOL), Ripple’s XRP, and Hedera (HBAR). Last week, Canary Capital submitted the first filing for a spot HBAR ETF.

He also speculated that ETF issuers could expand their offerings further to other assets like Cardano (ADA) and Avalanche (AVAX). Commenting on this, Bloomberg's senior ETF analyst Eric Balchunas stated that he expects a DOGE ETF filing to arrive by December 31, 2024. This comes amid the mega Dogecoin price rally so far in November.

https:\/\/twitter.com\/EricBalchunas\/status\/1859407697851957261

The Solana price remained firm at its crucial resistance level of $240. Market analysts are predicting a new all-time high for SOL with a rally past $300 by the year-end. Currently, it's a tough fight between the bulls and the bears, as the market awaits another catalyst for further rally amid anticipation for spot Solana ETF.

Bitwise Joins Solana ETF Race Amid Regulatory Optimism

Bitwise has filed for a Solana ETF through a Delaware trust, indicating a rise in institutional interest in cryptocurrency assets. This move could potentially impact broader market adoption trends.

Bitwise's Solana ETF filing highlights growing institutional interest in crypto assets, potentially influencing broader market adoption trends.
The post <a href="https://cryptobriefing.com/bitwise-solana-etf-delaware-trust/" target="_blank">Bitwise files for Solana ETF via Delaware trust</a> appeared first on <a href="https://cryptobriefing.com" target="_blank">Crypto Briefing</a>.

Bitwise Files for Solana ETF Through Delaware Trust, Signaling Institutional Interest

Bitwise has registered a Solana ETF in Delaware, USA, competing with VanEck and Canary Capital for SEC approval of their Solana ETFs.

<img src='https://sosovalue.s3.us-west-2.amazonaws.com/sosovalue/web3image/24/11/21/qeaxttb2oo5j.png'/>Bitwise would be competing with fellow asset managers VanEck and Canary Capital for an SEC-approved spot Solana ETF.

Bitwise Registers Solana ETF in Delaware, Competing with VanEck and Canary Capital

根据吴的说法，Bitwise已在美国特拉华州提交了注册BITWISE SOLANA ETF实体的文件，这意味着Bitwise也将加入申请Solana现货ETF的行列。此前，已有多家公司申请注册Solana现货ETF，公众期待特朗普和新的SEC主席在就职后可能会批准Solana ETF。

Bitwise在美国特拉华州申请注册与Solana相关的ETF。

根據吳的說法，Bitwise已在美國特拉華州提交了註冊BITWISE SOLANA ETF實體的文件，這意味着Bitwise也將加入申請Solana現貨ETF的行列。此前，已有多家公司申請註冊Solana現貨ETF，公衆期待特朗普和新的SEC主席在就職後可能會批准Solana ETF。