Brazil approves second Solana ETF provided by Hashdex. Despite Solana ETf approval Sol struggles as ETFs uncertainty rock US market
After the approval of the first ever Solana ETF on 8th August, Brazil has approved the second Solana based ETF.While other countries such as Canada and the U.S. have received filings for Sol ETFs, they lag in approval. Another milestone was that the South American nation approved the second Solana-based ETF.
According to the agency’s database, the new ETF is operational and will be offered by Hashdex. The provider is a Brazil-based asset manager with $963 million in assets under management.
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