Crypto asset manager Canary Capital has filed for a spot Solana exchange-traded fund (ETF) with the United States securities regulator. The proposed ETF would track $SOL's price through the Chicago Mercantile Exchange CF Solana index, allowing investors to access the Solana market without holding $SOL directly. Other asset managers, including VanEck and 21Shares, have also filed for a US spot $SOL ETF. Solana is considered the next cryptocurrency to have a spot ETF approved by the SEC.
Crypto asset manager Canary Capital has filed for a spot Solana exchange-traded fund (ETF) with the United States securities regulator. The proposed ETF would track SOL's price through the Chicago Mercantile Exchange CF Solana index, allowing investors to access the Solana market without holding SOL directly. Other asset managers, including VanEck and 21Shares, have also filed for a US spot SOL ETF. Solana is considered the next cryptocurrency to have a spot ETF approved by the SEC.