Both VanEck and 21Shares plan to list their on CBOE pending regulatory approval. The exchange is expected to file for a rule change to allow these new products to trade in the coming weeks. This development comes on the heels of the SEC approval of spot bitcoin ETFs in January which included offerings from both firms
In addition to the ETF news the Solana Foundation has introduced two . Which are Solana Actions and blockchain links (blinks).
Actions in particular allows users to execute on-chain transactions across various platforms simplifying the process for developers and users.
Looking at Solana price action, it touched the neckline of a double-top pattern before finding support and closing bullish for the last several days. After facing rejection three times after hitting the horizontal support zone, SOL has shown signs of a potential pullback that is yet to get strong.
From its May 21st high of $188 reached after breaking out of a bullish pennant, Solana experienced a 35% drop before finding support. The price breakdown from the wide bullish pennant on June 18th was because of the bearish pressure and the broad crypto market sell-off.
