Canary Capital filed for a US-based spot Solana ETF with the SEC, aiming to provide exposure to SOL price. The firm also applied for ETFs based on Litecoin and XRP. The move aligns with growing investor demand for regulated digital asset funds. The SEC’s approval of spot Bitcoin and Ethereum ETFs has sparked speculation on potential crypto-backed ETFs, including Solana. Investment firms are positioning for regulatory approval in the expanding crypto ETF market as they await further SEC decisions.
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