Canary

Solana

Marinade

ETF COIN

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        <h4><strong>The firm has refiled its Spot Solana ETF under a new name: the Canary Marinade Solana ETF. This signals a strategic shift that aligns with the rising tide of staking-focused investment products.</strong></h4>
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      The big twist? <a href="https://x.com/CanaryFunds" target="_blank" rel="noopener noreferrer nofollow">Canary</a> is now partnering with Marinade Finance, Solana’s largest liquid staking protocol, to generate yield on SOL held in the fund. Let’s discover more about this Solana ETF.
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<h5><strong>Why Marinade Matters: Staking Meets Traditional Finance</strong></h5>
<p><a href="https://x.com/MarinadeFinance" target="_blank" rel="noopener noreferrer nofollow">Marinade Finance</a> plays a key role in Solana’s staking ecosystem. The protocol allows SOL holders to delegate their tokens across a decentralized set of validators. This will improve network security while earning rewards. What sets Marinade apart is mSOL, its liquid staking token, which users can trade or use in DeFi while still earning yield.</p>
<p>By teaming up with Marinade, Canary unlocks a new layer of value for ETF investors—without requiring them to handle wallets or navigate blockchain interfaces. The ETF itself will handle staking via Marinade, giving traditional investors a taste of DeFi-native yield through a familiar wrapper.</p>
<blockquote class="twitter-tweet">
 <p><img src="https://s.w.org/images/core/emoji/15.1.0/72x72/1f6a8.png" alt="🚨" style="height: 1em; max-height: 1em;"> Marinade is the first staking provider to be named in a U.S. Solana ETF filing</p>
 <p>The proposed ETF from <a href="https://twitter.com/CanaryFunds?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@CanaryFunds</a> is powered by Marinade Select, a new staking strategy built for trust and transparency.</p>
 <p>Here’s what it means and why we built Select <img src="https://s.w.org/images/core/emoji/15.1.0/72x72/1f447.png" alt="👇" style="height: 1em; max-height: 1em;"></p>
 <p>1/4 <a href="https://t.co/UmzkrynBx8" rel="noopener noreferrer nofollow">pic.twitter.com/UmzkrynBx8</a></p>
 <p>— Marinade <img src="https://s.w.org/images/core/emoji/15.1.0/72x72/1f6e1.png" alt="🛡" style="height: 1em; max-height: 1em;"> (@MarinadeFinance) <a href="https://twitter.com/MarinadeFinance/status/1925191678761046513?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 21, 2025</a></p>
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<p></p>
<p>It’s a model that mirrors what BlackRock is exploring with its ETH ETF filings, which include staking provisions. The market is shifting toward ETFs that do more than just hold an asset—they help it grow.</p>
<h5><strong>Solana’s Rise and Institutional Interest</strong></h5>
<p>Solana has been on a tear in 2024. As of Q2-2025, it ranks among the top 5 blockchains by total value locked (TVL), and Marinade alone has over 7 million SOL staked, worth more than $1.1 billion, according to <a href="https://defillama.com/protocol/marinade" target="_blank" rel="noopener noreferrer nofollow">DeFiLlama</a>. This momentum, combined with Solana’s low fees and lightning-fast transaction speeds, is drawing institutional eyes.</p>
<blockquote class="twitter-tweet">
 <p><img src="https://s.w.org/images/core/emoji/15.1.0/72x72/1f6a8.png" alt="🚨" style="height: 1em; max-height: 1em;">BREAKING: <a href="https://twitter.com/CanaryFunds?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@CanaryFunds</a> has filed an updated version of its Spot Solana ETF, renaming it to “Canary Marinade Solana ETF” and partnering with <a href="https://twitter.com/MarinadeFinance?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@MarinadeFinance</a> for SOL staking. <a href="https://t.co/EFMfwaz3YZ" rel="noopener noreferrer nofollow">pic.twitter.com/EFMfwaz3YZ</a></p>
 <p>— SolanaFloor (@SolanaFloor) <a href="https://twitter.com/SolanaFloor/status/1925179837888536855?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 21, 2025</a></p>
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<p>Canary’s updated ETF filing shows that the next wave of crypto investment products won’t just mirror digital assets. They’ll participate in the ecosystems themselves. For investors, it’s a way to access crypto-native returns without sacrificing regulatory structure or convenience.</p>
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<h6><strong>Disclaimer</strong></h6>
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p>
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/canary-rebrands-solana-etf-with-marinade-staking/" rel="noopener noreferrer nofollow">Canary Rebrands Solana ETF with Marinade Staking</a> appeared first on <a href="https://www.altcoinbuzz.io" rel="noopener noreferrer nofollow">Altcoin Buzz</a>.</p>

Canary Rebrands Solana ETF with Marinade Staking

Altcoin Buzz

Other articles published on May 22, 2025

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