Canary Capital Launches Canary Marinade Solana ETF (SOLC), Giving Investors Simple Access to Solana and Staking Rewards Potential
Canary Marinade Solana ETF (SOLC)
Company Research
Source: Business Wire
SOLC provides a cost-effective and hands-off way to access price appreciation and staking potential, unlocking a new yield-distributing strategy for a modern portfolio BRENTWOOD, Tenn.--(BUSINESS WIRE)--Canary Capital Group LLC (“Canary Capital”), a digital asset investment management firm, today announced the launch of the Canary Marinade Solana ETF (NASDAQ: SOLC), an exchange-traded product designed to provide investors with spot exposure to Solana (SOL) the native cryptocurrency behind one of the world’s fastest growing and most utilized blockchains.Beyond the potential for price appreciation of SOL, the Canary Marinade Solana ETF also enables investors to potentially benefit from staking rewards generated through Solana’s proof-of-stake mechanism. In simple terms, staking rewards are payments earned for helping to run and secure the Solana network, somewhat like earning interest for keeping money in a savings account, though the amount can vary. Staking not only provides the op
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