US SEC opens 21-day public comment period on Canary Solana ETF
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The U.S. Securities and Exchange Commission (SEC) has opened a 21-day public comment period on a regulatory filing for the proposed Canary Solana ETF, which would bring investment into the mainstream financial market. This filing sets a timeline for the investment vehicle proposed by Canary Capital. Within 21 days, the SEC will make a decision (approve or reject) or extend the deadline to delay the decision. Crypto market observers generally expect the approval of and other ETFs by 2025, but the specific timing and sequence are still unclear.
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