2024-06-29
On June 28, 2024, ARK 21Shares, a partnership between 21Shares and Ark Invest has officially filed S-1 for a spot Solana ETF following VanEck that filed S-1 form 1 day earlier.
Currently 21Shares already has the 21Shares Solana Staking ETP (ASOL) that
tracks SOL’s performance while capturing staking yields that are reinvested
into the ETP for enhanced performance.
As of June 27, 2024, the Net Asset
Value of ASOL was $94.10.
The ETP provides investors with a
regulated and secure way to tap into the growth of Solana, one of the most
active blockchain networks for gaming, finance, and identity protection.
The Solana ETP was first launched by
21Shares on the Swiss SIX Exchange, making it the world’s first Solana ETP. The
ETP is physically collateralized, segregated, and replicates 1:1 the tracking
of the SOL crypto asset.
This ETF by Ark Invest and 21Shares is expected to bring a new
wave of growth in the crypto industry.
