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Canary Marinade Solana ETF (SOLC)
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Solana· 2025-11-24 17:59
ETFs - Four new Solana ETFs listed, expanding institutional access [1] - Fidelity launched Fidelity Solana Fund (FSOL) on NYSE [1] - VanEck debuted VanEck Solana ETF (VSOL) on Nasdaq with built-in staking [1] - Canary Funds launched Canary Marinade Solana ETF (SOLC) on Nasdaq [1] - 21Shares launched the Solana ETF (TSOL) on CBOE [1] - BitwiseInvest's BSOL ETF surpassed $500 million in AUM [1] - Solana ETFs recorded 19 straight days of inflows with $127.9 million entering this week [1] RWA & Ecosystem Growth - Sunrise_DeFi debuts Solana's first ever day one listing of any assets with Monad [1] - Solsticefi's USX stablecoin scaled to $300 million in TVL [1] - HastraFi announced DeFi-ready RWAs with Figure [1] - MarinadeFinance introduced SOL staking with USDG stablecoin rewards [1] - Loopscale RWA USDG Vault surpassed $10 million in 1 week post launch [1]
Canary Capital Launches Canary Marinade Solana ETF (SOLC), Giving Investors Simple Access to Solana and Staking Rewards Potential
Businesswire· 2025-11-18 14:30
Core Viewpoint - Canary Capital Group LLC has launched the Canary Marinade Solana ETF (SOLC), providing investors with a cost-effective way to gain exposure to Solana (SOL) and its staking rewards potential [1][5]. Group 1: ETF Overview - The Canary Marinade Solana ETF is designed to offer investors spot exposure to Solana, one of the fastest-growing blockchains [1][3]. - The ETF allows investors to benefit from staking rewards generated through Solana's proof-of-stake mechanism, akin to earning interest on savings [2][4]. Group 2: Staking and Network Benefits - Staking rewards not only provide additional SOL but also enhance the security and decentralization of the Solana network [2][4]. - The ETF's staking operations will be powered by Marinade Select, a high-efficiency staking platform developed by Marinade Labs, ensuring reliable performance while maintaining decentralization and transparency [4][5]. Group 3: Market Position and Future Outlook - Solana is recognized as a key player in the digital asset landscape, supporting a rapidly expanding ecosystem of decentralized finance (DeFi) and enterprise applications [3]. - The launch of the ETF is seen as a significant step towards making sophisticated staking strategies mainstream, bridging the gap between traditional finance and cryptocurrency [5].