Canary Capital is making significant progress toward introducing exchange-traded funds (ETFs) for Solana (SOL) and XRP, signaling renewed momentum in the U.S. crypto investment space.
The firm recently updated its filings for the Canary Marinade SOL ETF, which supports staking, and the Canary XRP ETF, disclosing a reduced 0.50% fee for both products. This marks a notable drop from the 0.95% sponsor fees previously set for Canary’s HBAR and Litecoin ETFs.
According to Bloomberg ETF analyst Eric Balchunas, the new filing – Amendment #6 for the Solana ETF – keeps staking rewards intact while offering a lower cost structure, positioning the fund as a competitive option for retail and institutional investors seeking exposure to SOL through traditional brokerage accounts.
Several crypto-focused ETFs, including funds tracking Dogecoin (DOGE) and Litecoin (LTC), are also awaiting regulatory approval, following changes in SEC leadership that have signaled a more crypto-friendly approach. The agency has introduced clearer listing standards, which could shorten the timeline for ETFs to go live, bypassing the historically lengthy 19b-4 approval process.
While the U.S. government shutdown last week created temporary delays, market observers expect the SEC to resume evaluating crypto ETF applications soon, potentially grouping single-product ETFs like SOL and LTC for simultaneous consideration. Sources indicate that the current focus remains on updating and finalizing registration statements rather than setting strict deadlines.
With staking benefits preserved and fees lowered, Canary Capital’s ETFs could attract investors looking for both cost-efficient and yield-generating crypto exposure. If approved, these funds would represent another step toward integrating major digital assets into mainstream investment channels.
Morgan Stanley is taking a major leap into digital finance, allowing every one of its clients – from individual investors to retirees – to gain exposure to cryptocurrencies.
A wave of liquidations has rocked the crypto market, wiping out billions in leveraged positions as major tokens tumbled to multi-week lows.
Ethereum took a heavy hit over the past day, tumbling from around $4,300 to lows near $3,400 before stabilizing near $3,800.
Bitcoin (BTC) experienced one of its sharpest intraday sell-offs in months, plunging from around $121,500 to below $106,000 before rebounding to $114,000.
Canary Capital is preparing to make its next move in the crypto ETF race — this time with a product centered on Tron’s TRX token.
Following Donald Trump’s political resurgence, Canary Capital has submitted a new filing to the SEC to launch the first spot ETF for Hedera’s native cryptocurrency, HBAR.
Canary Capital has submitted paperwork to the U.S. SEC aiming to launch what may become the first spot ETF focused on Sei (SEI), a cryptocurrency tied to the Sei blockchain.
Canary Capital is making a push into the crypto ETF market, recently submitting an S-1 filing to the U.S. Securities and Exchange Commission (SEC) for a fund focused on SUI.
Canary Capital has revised its application for a spot Solana ETF, signaling a more ambitious strategy by integrating staking features into the product.
A recent update from Delaware’s official registration portal reveals that a new exchange-traded fund (ETF) tied to the Sui network, known as "Canary Sui ETF," was officially filed on March 6.
Digital Asset has locked in $135 million in fresh capital to scale up its institutional blockchain platform, Canton Network.
Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick, is reportedly finalizing a multibillion-dollar Bitcoin acquisition deal through a special purpose acquisition company (SPAC) backed by Cantor Fitzgerald.
Blockchain analytics firm Glassnode has reported that Solana’s (SOL) performance on a monthly scale appears to be losing momentum compared to Bitcoin (BTC) and Ethereum (ETH).
Cardano (ADA) and Ethereum (ETH) are showing encouraging developments as of January 30, 2025; ADA is trading at $0.967259 at the time of writing and ETH at $3,255, reflecting gains of 4.89% and 4.64%, respectively.
Cardano (ADA) rose 40%, surpassing the $0.40 resistance and reaching $0.45.
Tron has recently surpassed Cardano in market rankings, highlighting a dramatic shift in the blockchain landscape.
The cryptocurrency market offers thrilling prospects, yet currently, numerous investors appear to be ignoring the cryptocurrency giant Cardano (ADA) in favor of tokens such as Remittix (RTX), which is poised to surge in the upcoming months.
The market is watching Cardano (ADA), NEAR Protocol, and Jupiter (JUP) set the stage for a massive breakout.
Recently, previously inactive Cardano (ADA) coins were moved, coinciding with a surge in daily active addresses and increased trading activity.
In a crypto market that never stands still, trends and sentiments shift almost daily.
Cardano is enjoying renewed momentum as daily transactions on the blockchain push toward 50,000, bolstered by growing excitement over a possible spot ADA exchange-traded fund (ETF).
Investors are moving away from Cardano (ADA) and Dogecoin (DOGE) as they seek higher upside opportunities in the current market cycle.
Recent GitHub data reveals which blockchain ecosystems and individual projects attracted the most developer attention last week—a key signal of long-term project strength.
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