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Solana ETFs Move Forward: SEC Acknowledges Canary Trust’s Filing Amid Growing Anticipation Bitcoinist 14 Feb 2025

Solana ETFs Move Forward: SEC Acknowledges Canary Trust’s Filing Amid Growing Anticipation 📈

The US Securities and Exchange Commission (SEC) has taken a significant step in advancing the introduction of potential altcoin-based financial products. It acknowledged several filings for Solana ETFs, indicating a possible shift in mainstream financial investment opportunities.

In a regulatory move, the SEC invited public comments on the proposed "Canary Solana Trust," which is designed to facilitate mainstream investments in Solana through Exchange-Traded Funds (ETFs). This development marks a pivotal moment for Solana and the broader cryptocurrency ecosystem.

Source: bitcoinist.com ↗

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