Canary Capital Files to Launch a Solana ETF

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Canary Capital has filed for a new Solana ETF with the SEC, their second foray into the world of crypto exchange-traded funds.

This filing is part of their continued expansion into the crypto ETF market, which has seen a recent increase in filings from the company.

This new filing demonstrates Canary Capital’s desire to offer a wider range of options beyond just popular cryptocurrencies like Bitcoin and Ethereum.

In addition to the SOL ETF, they also recently filed for a Litecoin ETF and an XRP ETF. The XRP filing gained a lot of attention as it was one of the first of its kind and showed a growing interest in altcoins by institutional investors.

21Shares had previously applied for a SOL ETF, but recently withdrew the application, making Canary Capital’s filing the second for a SOL ETF.

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