This custody deal is a pretty big move for the institutional crypto space. VanEck choosing Gemini as their primary custodian shows how traditional finance players are getting more comfortable with established crypto infrastructure providers. VSOL becoming one of the first Solana ETFs to hit the market means retail and institutional investors now have regulated exposure to SOL without directly holding the tokens.
What makes this interesting? Gemini's been building its custody business for years, and snagging a major ETF issuer like VanEck validates their infrastructure. For Solana holders, more ETF options usually mean better liquidity and mainstream adoption. The fact that this launched on a regulated exchange like Cboe also signals that regulators are warming up to alternative L1 blockchains beyond just Bitcoin and Ethereum.
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OldLeekNewSickle
· 12-07 20:14
When institutions enter the market, someone has to be left holding the bag. VanEck’s move is just giving retail investors a “compliant” excuse.
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LiquidityWizard
· 12-07 18:03
gemini custody play is statistically significant here tbh. vaneck basically just validated the whole infrastructure thing, which—theoretically speaking—means we're hitting that adoption curve threshold. sol liquidity about to get absolutely shredded once retail piles in, and risk-adjusted returns? idk probably better than watching btc majors anymore ngl
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SilentObserver
· 12-05 01:59
This move by Gemini is really solid. What does it mean that VanEck chose them as their custodian? It shows that traditional finance is finally starting to take crypto infrastructure seriously.
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MemeKingNFT
· 12-05 01:52
This move by Gemini is interesting. Does VSOL going viral mean SOL is about to take off? Let's look at the on-chain data before jumping to conclusions—don't get swept up by the narrative.
Gemini刚拿下了VanEck旗下Solana现货ETF的首席托管席位,产品代码VSOL,去年11月17号就在Cboe BZX交易所正式挂牌了。
This custody deal is a pretty big move for the institutional crypto space. VanEck choosing Gemini as their primary custodian shows how traditional finance players are getting more comfortable with established crypto infrastructure providers. VSOL becoming one of the first Solana ETFs to hit the market means retail and institutional investors now have regulated exposure to SOL without directly holding the tokens.
What makes this interesting? Gemini's been building its custody business for years, and snagging a major ETF issuer like VanEck validates their infrastructure. For Solana holders, more ETF options usually mean better liquidity and mainstream adoption. The fact that this launched on a regulated exchange like Cboe also signals that regulators are warming up to alternative L1 blockchains beyond just Bitcoin and Ethereum.