menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Solana News

>

Solana ETF...
source image

Bitcoinist

1M

read

314

img
dot

Image Credit: Bitcoinist

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

  • The US Securities and Exchange Commission (SEC) acknowledges filings for Solana ETFs, a potential move towards introducing altcoin-based financial products.
  • The filings are for the proposed "Canary Solana Trust", aiming to facilitate mainstream investment in SOL.
  • The proposed Solana ETFs claim to have measures in place to prevent fraud and manipulation, offering a regulated and transparent vehicle for US investors.
  • The SEC's approval of these ETF proposals would be a significant step forward for altcoin ETFs, indicating growing acceptance of cryptocurrency in traditional financial markets.

Read Full Article

like

18 Likes

For uninterrupted reading, download the app