Solana ETF Filing Updated: Staking Included

Canary Capital Amends Solana ETF to Include SOL Staking

• Canary Capital has filed an amended version of its Solana ETF with the SEC.
• The fund’s name has been updated to ‘Canary Marinade Solana ETF’ due to a partnership with Marinade Finance for SOL staking.
• Bloomberg analyst James Seyffart suggests SEC approval may not occur before late June or early July, with a more likely approval in early Q4.
• The SEC has also delayed decisions on other crypto ETFs, such as XRP ETFs.

Canary Capital’s amendment to its Solana ETF reflects a new partnership with Marinade Finance for SOL staking, as noted by Bloomberg analyst James Seyffart. The SEC’s decision on this and other crypto ETFs remains pending, potentially until early Q4.