- VanEck’s sixth amendment for spot Solana ETF is now marked “effective”.
- The amendment carries a 0.3% fee rate.
- It impacts market dynamics and investment speculation around Solana.
VanEck has submitted its sixth amendment for a spot Solana ETF, now marked as “effective,” retaining a 0.3% fee rate as of late October 2025.
The amendment’s effective status suggests procedural progress towards broader crypto ETF offerings, potentially influencing Solana’s market dynamics, yet conclusive regulatory approval remains pending.
VanEck’s Sixth Amendment
VanEck has filed the sixth amendment for its proposed spot Solana ETF, updating the status to “effective” and reaffirming a 0.3% fee rate. This amendment, dated October 27–28, 2025, continues the trajectory of VanEck’s digital asset ETF efforts.
The asset management firm, VanEck, led by CEO Jan van Eck, has maintained its course on this ETF proposal, with no official primary-source statements from VanEck or Solana’s leadership emerging in recent search results.
Impact on Solana Asset
The filing notably impacts the Solana (SOL) asset, with attention from the investment community. Analysts anticipate that such amendments can historically trigger interest and speculation around the underlying asset.
While the filing is now marked “effective”, it does not equal full approval by the SEC or other regulatory bodies. Historically, such procedural advancements align with speculative market behavior.
Market Speculation and Trends
The filing signals procedural progress without explicit approval, lacking primary-source regulatory confirmations. Financial experts observe that filing advancements can prompt speculative activity within the market.
Historical trends suggest spot ETF amendments often affect price volatilities of related assets. Past cases involving assets like Bitcoin and Ethereum reveal that price dynamics may fluctuate post such announcements.
MartyParty, Analyst – “In light of this effective filing, there’s anticipation around Solana’s movement in the market.”
