Solana ETF Applications Submitted for SEC Public Comment Review
The Securities and Exchange Commission (SEC) is now accepting public comments on multiple proposed Solana ETFs, including the "Canary Solana Trust" from Canary Capital. Key points include:
- Other notable filings include proposals from VanEck, 21Shares, and Bitwise.
- The SEC has a 21-day period to approve or deny these applications.
- Market sentiment is optimistic for the approval of Solana and other altcoin ETFs this year.
- Canary Capital's CEO attributes this momentum to political changes following Donald Trump's return.
- Grayscale's Solana ETF application will also be reviewed within this timeframe, potentially influencing Canary's outcome.