After weeks of speculation, VanEck’s Solana ETF has officially appeared on the DTCC list — a key procedural milestone that has triggered a fresh wave of optimism across the Solana community and the broader altcoin market.
VanEck ETF Listing Confirmed on DTCC
The listing of “VANECK SOLANA TR COM SHS BEN INT” under the ticker VSOL on the Depository Trust & Clearing Corporation (DTCC) marks an essential preparatory step toward a potential launch. While this doesn’t mean the ETF is approved for trading yet, it signals that issuers are positioning themselves ahead of final regulatory green lights.
Source: DTCC
Bloomberg ETF analyst James Seyffart confirmed in a tweet that the delay was expected, as June 17 was an intermediary deadline. He also added that “SEC is engaging on S-1 for Solana staking ETFs,” calling it a very positive sign — despite approval timelines remaining uncertain.
Market Reaction and Price Outlook
The news has already started to reflect in market sentiment. Solana’s (SOL) price ticked up modestly, trading around $147 at the time of writing, after bouncing off recent support levels near $140. While the price remains in a mid-term consolidation range, bulls are watching closely for a potential breakout if regulatory signals turn more favorable.
Source: Tradingview
Volume has also picked up slightly following the ETF listing news, with traders anticipating more institutional interest once a Solana ETF is fully approved — especially if the U.S. market continues expanding its crypto ETF suite beyond Bitcoin and Ethereum.
Final Thoughts: Will Solana Be the Next ETF Star?
The inclusion of VanEck’s Solana ETF on DTCC is more than a clerical update — it reflects growing institutional infrastructure around altcoins and hints at the next potential breakout narrative in the crypto ETF space. While approval is still pending, momentum is clearly building. If the SEC eventually gives the green light, SOL could see renewed inflows and potentially challenge its 2024 highs once again.
