<ul><li>Canary Capital Group has filed an application with the SEC for a Solana-based exchange-traded fund (ETF).</li><li>Canary Capital joins other prestigious asset managers such as VanEck and 21Shares in seeking to list a SOL ETF.</li><li>The proposed spot SOL ETF would provide traditional investors with access to the Solana market without the need to purchase and store the cryptocurrency.</li><li>Solana has emerged as a strong competitor to Ethereum and is being considered for SEC approval for a spot ETF.</li></ul>

Race For Spot Solana ETF Heats Up As Yet Another Firm Files Application With SEC

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