Canary Capital submits application for Solana ETF to the US SEC

According to a public document, Canary Capital has submitted an application for a spot Solana ETF to the US SEC, making it another company applying for a Solana ETF following VanEck & 21Shares. According to the document, the fund hopes to "provide exposure to the price of Solana ('SOL') held in trust". The information about custodian and manager was not disclosed. Canary Capital had previously submitted registration statements for spot Litecoin ETF and XRP ETF.