Source: SEC discussed Solana’s potential securities attributes with issuers before Cboe removed relevant 19b-4 documents

Before Cboe BZX removed the related Solana ETF 19b-4 filing, the SEC met with potential issuers to discuss their concerns about Solana's potential status as a security, according to people familiar with the matter. After the discussion, the SEC and Cboe agreed not to file a Form 19b-4 with the Federal Register, which would have initiated the approval process, they said. Doing so would put pressure on the SEC to make a decision related to the Solana ETF. VanEck's S-1 registration statement for the Solana ETF still appears on EDGAR, the SEC's filing system. 21Shares' S-1 registration statement filing no longer appears in search results, although the direct link is still valid. Given that the SEC has previously called Solana a security in multiple court filings, the SEC's stance was not a surprise to the issuer and was not a sign that the applications would face a setback, the person said. They expect that there may be new filings or revisions to 19b-4 in the future, which will attempt to more strongly prove that Solana is not a security. “We cannot comment on regulatory proceedings at this time. We remain committed to expanding investors’ access to cryptocurrencies in the U.S. market and around the world,” said Audrey Belloff, director of communications at 21Shares. (The Block) Last week, according to X user @SummersThings, the 19b-4 forms for VanEck and 21Shares Solana ETF appear to have been removed from the CBOE website.