Canary Updates XRP and Solana ETF Applications Amid Prolonged Government Shutdown

On the 10th, it was revealed that Canary Capital, a US investment management firm, updated its registration statements for the XRP and Solana (SOL) spot ETFs. The fees for both funds have been set at 0.50%, moving forward towards approval from the US Securities and Exchange Commission (SEC). Bloomberg's ETF expert, Eric Balchunas, reported that Canary submitted the sixth amendment for the Solana ETF on platform X. The latest submission indicates that there will be no reduction in staking rewards. Several management companies are awaiting approval for cryptocurrency ETFs, including those involving Dogecoin and Litecoin. President Trump has appointed Paul Atkins, a pro-cryptocurrency advocate, as the chairman of the SEC...