Brazil's Securities and Exchange Commission approves second Solana ETF

BlockBeats news, on August 21, CoinDesk reported that the Brazilian Securities and Exchange Commission (CVM) has approved the issuance of the second Solana ETF, and the agency disclosed the news in its central database.

According to the information in the CVM database, this new Solana ETF is currently in the pre-operational stage and will be provided by Brazil-based asset management company Hashdex (managing assets of more than US$962 million) in cooperation with local investment bank BTG Pactual.