Brazil’s Securities and Exchange Commission Approves Solana-Based ETF

According
to
CVM’s
database,
the
Solana-based
ETF
is
in
a
pre-operational
stage,
so
it
has
yet
to
be
approved
by
the
Brazilian
stock
exchange,
B3.
Exame,
a
local
news
organization,
added
that
the
product
would
follow
the
CME
CF
Solana
Dollar
Reference
Rate,
created
by
CF
Benchmarks
with
the
support
of
the
Chicago
Mercantile
Exchange
(CME).