Canary Capital Submits Application for Spot Solana ETF to SEC

According to a public filing, Canary Capital filed a Solana ETF application with the SEC. It is the second company to apply for a Solana ETF after VanEck & 21Shares. According to the filing, the fund wants to "provide exposure to the Solana ('SOL') price held by the trust". Custodian and administrator information was not disclosed.
Canary Capital has previously filed registration statements for the spot Litecoin ETF and XRP ETF.