Canary Capital has filed a revised version of its Solana ETF with the US Securities and Exchange Commission (SEC) to improve the prasad of the fund. As part of the amendment, the asset manager has updated the name of the ETF to reflect its new partnership with marinade finance for solcation.
Canary Capital Files Modified Solan ETF Prospectus
recently Second The asset manager shows that the asset manager has filed a revised version of the registration details for its SOL ETF. As part of changes, Canary Capital has converted the name of the fund to ‘Canary Marynade Solana ETF’.
As Bloomberg’s analyst James Safarte said, the amendment reflects partnership with marinade finance for solcation in the amendment ETF cover. The Solana Defee Protocol also teased about a big announcement yesterday, and also teased about the partnership.
This development comes in the same way as the US Sea delays 21 shares and Bitwaise solff applicationThe Commission delayed its decision on the canary’s Soul ETF filing, with the next time limit on August 17.
Safarte has predicted that SEC will approve any filing by “absolute early” by the end of June or by early July. However, he believes that the Q4 is likely to have more approval. It is worth noting that the agency has also delayed its decision on other Crypto ETF including XRP ETF.
As the Coingup reported, the most recent delay was Dogcoin and XRP ETF of Grassscale Filing and 21Shares’ XRP ETF Filing. However, according to polymercate data, SOL and XRP ETF still have the highest chance to be approved this year.
Boluvatif edemy
Boluvatif Ademi is a well -veteran crypto news writer and editor who has covered many subjects and Niches cuts in Niches. The most technical concepts in Boluvatiff are a habit to simplify and make Crypto neobis easier to understand. Away from writing, he is a fond Chawla basketball lover, a passenger and a part -time Digen.
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