Canary Capital Files for Solana ETF, Following VanEck's Lead

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SoSo Daily May 17 | Bitcoin Spot ETF saw a total net inflow of 260.27M USD yesterday, marking a 3 days of consistent inflow

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Oct 30, 2024

Canary Capital has filed for a Solana based exchange-traded fund as firms gear up to see if they can secure U.S. regulatory approval. The fund looks to provide exposure to the price of Solana ('$SOL') held by the Trust. Steven McClurg founded Canary Capital and previously founded Valkyrie Funds, which has other spot crypto ETFs. Fund manager VanEck similarly filed for a spot Solana ETF in June.

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