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Canary Refiles with New Name for Solana ETF Push

Canary Refiles with New Name for Solana ETF Push

Author:
Coingape
Published:
2025-05-21 13:45:07
20
3

In a bold move signaling renewed confidence in Solana’s ecosystem, Canary has rebranded and resubmitted its ETF application. The rebrand comes as institutional interest in high-performance blockchains reaches fever pitch.

Market watchers note this marks the third attempt by a firm to launch a Solana-focused ETF—proof that Wall Street still hasn’t learned its lesson from the crypto winter. The SEC’s inevitable scrutiny will test whether ’third time’s the charm’ applies to regulatory filings.

Solana ETF is Set to Launch in the US— SOL Price Break Above the Consolidation & Reach $160

Canary has filed an amended application for its solana ETF, now named the “Canary Marinade Solana ETF.” This move signals growing interest in Solana-based investment products as demand for crypto ETFs continues to rise. While still awaiting regulatory approval, the rebranded ETF aims to offer investors exposure to Solana’s ecosystem. If approved, it could mark another step toward broader mainstream adoption of crypto assets through traditional financial instruments. Stay tuned for further updates.

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