The Solana price dropped 3% as Cboe refiles for 4 Solana ETFs and investors shift focus to this SOL layer 2 ICO nearing $16M.

Cboe BZX has refiled 19b-4 forms for four $SOL ETFs, reigniting the race toward Solana ETFs, but this time, the applications will be overseen by a revamped regulatory agency led by pro-innovation leaders.

Cryptocurrency prices have recoiled this year as last year’s demand eased. Bitcoin remained below the all-time high of $109,200, while Ethereum is stuck in a bear market after falling by over 20% from its December highs.

The equities market operator is seeking a green light from the SEC again after addressing concerns the regulator raised last year.

The Cboe BZX Exchange has refiled applications for four asset managers seeking approval to list a spot Solana ETF in the United States.

( MENAFN - eTrendy Stock) Prominent Cryptocurrency asset manager Grayscale Investments has submitted a 19b-4 form with the U.S. Securities and Exchange Commission (SEC) to list a spot Solana exchange-traded fund on the New York Stock Exchange.

This SOL price trajectory follows Cboe's refiling of a fresh batch of Solana ETF applications for four major investment firms on Tuesday.

Osprey Funds and Rex Shares have filed with the U.S. Securities and Exchange Commission (SEC) to launch several new cryptocurrency exchange-traded funds (ETFs).