1.VanEck and 21Shares Solana ETF Form 19b-4 Suspected to be Removed from CBOE Website

According to X user @SummersThings, the 19b-4 form for VanEck and 21Shares Solana ETF seems to have been removed from the CBOE website on August 17th. The documents SR-CboeBZX-2024-066 and SR-CboeBZX-2024-067 are no longer accessible through direct links and are no longer visible in BZX pending rule changes.

Bloomberg ETF analyst James Seyffart said in an interview before 21Shares became the second applicant for Solana that "I think VanEck's application is a call option for the November election. Under the current SEC management - based on years of approval and rejection of crypto ETFs - Solana ETF should be rejected because there is no federally regulated futures market. But the new government in the White House and the new SEC government, who are more willing to comply with crypto policies, may change this situation."

According to Bloomberg, the Australian Securities Exchange ASX Ltd. has approved the listing of VanEck Bitcoin ETF on Thursday.In addition, Sydney-based BetaShares Holdings Pty and another local company DigitalX Ltd. are also in the queue to list on the Australian main board.

VanEck Europe, the European branch of the global asset manager, predicts that half of its assets under management will come from cryptocurrency in the future. CEO Martijn Rozemuller believes that crypto will become increasingly important and sees more potential for growth in this area than in others. Currently, 10% of the company's assets under management come from crypto products, but Rozemuller expects this to shift closer to a 50/50 balance. VanEck Europe is the issuer of the VanEck Crypto and Blockchain Innovators UCITS ETF, which includes holdings in Coinbase, Block, and MicroStrategy, among others. The company aims to be the go-to issuer for all things "non-mainstream" in the future.

Asset management group VanEck will pay a fine of $1.75 million to settle charges by the U.S. Securities and Exchange Commission (SEC) related to its social media-focused ETF launched in 2021, as reported by Cointelegraph. The SEC imposed civil penalties on the company. In a statement on February 16th, the SEC revealed that when VanEck launched its social mood ETF in March 2021, it did not fully disclose the involvement of a well-known social media personality in promoting the product. The ETF aims to track an index through "positive insights" from social media and other data sources. However, the SEC found that in order to increase the fund's success rate through social media, VanEck collaborated with an influential online personality to enhance the fund's appeal.

VanEck has submitted a securities registration application for its Bitcoin ETF to the SEC. The 8-A12B form is also known as the registration statement for securities listed on national exchanges. According to Section 12(b) of the Securities Exchange Act of 1934, this form is required.

Asset management group VanEck has released a 19-second commercial advertisement on social media platform X related to Bitcoin. Previously reported, VanEck has submitted a Bitcoin spot ETF S-1 prospectus to the US SEC.

According to official sources, the VanEck Ethereum Strategy ETF (EFUT) has been listed on the Chicago Options Exchange with a trading code of EFUT and a total expense ratio of 0.66%. The VanEck Ethereum Strategy ETF (EFUT) seeks capital appreciation by investing in Ethereum futures contracts. The fund uses active management and provides Ethereum-related investments through easy-to-use exchange-traded tools, but does not directly invest in Ethereum or other digital assets.

American financial lawyer Scott Johnsson posted on social media that the wording of the seed fund in VanEck's updated Bitcoin spot ETF prospectus is similar to that of BlackRock. Given that both are represented by the same lawyer from the law firm of Hao Wei, this may not be too surprising. However, VanEck did not use cash as the seed fund like BlackRock iShares, but suggested using Bitcoin as the investment measurement unit for the seed fund.