Bitwise Asset Management has made a notable move toward launching a Solana exchange-traded fund (ETF). By registering a statutory trust in Delaware, they signal plans to file for approval with the Securities and Exchange Commission (SEC). This step could herald a new era for Solana, opening doors for more investors to access the cryptocurrency through an ETF. The development reflects a growing interest in Solana as a valuable asset class. Market participants will be eager to see how the SEC responds and the potential impacts on Solana’s market position.