The Brazilian Securities and Exchange Commission has approved the issuance of the world's first Solana spot ETF
BlockBeats reports, on August 8th, according to Cointelegraph, the Brazilian Securities and Exchange Commission (CVM) has approved the issuance of the world's first Solana spot ETF. This investment product is provided by QR and will be managed by Vortx.
The Solana ETF approved by CVM will use the CME CF Solana Dollar Reference Rate F as a reference price. The purpose of this reference price is to provide a reliable and transparent measure of the value of Solana (SOL) against US dollars (USD).
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