The Brazilian Securities Commission has approved the first Solana spot ETF

ChainCatcher news, according to Cointelegraph, the Brazilian Securities and Exchange Commission (CVM) has approved the first Solana spot ETF. This investment product is provided by the Bitcoin and Ethereum ETF management company QR and will be managed by Vortx. Currently, the ETF is still in the preliminary operation stage and needs to obtain approval from B3 due to regulatory reasons, with a launch expected within 90 days at most.