Canary Capital, an encryption asset management company, recently submitted an application for a Solana spot ETF to the US Securities and Exchange Commission (SEC). The application is expected to lower the risk of holding SOL tokens by tracking the instantaneous price of the Sola coin using the Chicago Mercantile Exchange (CME) provided CF Solana index. Investors interested in joining the Solana market can do so without holding any SOL tokens, or through traditional securities accounts.Since the approval of Bitcoin and Ethereum spot ETFs by the SEC in January and July respectively, Solana is considered the next cryptocurrency to potentially receive SEC approval as an equity-traded fund. Besides Canary Capital, other asset management companies such as VanEck and 21Shares have already submitted applications for Solana spot ETFs, while Franklin Templeton has expressed high attention to Solana.Canary Capital's efforts in developing a diverse range of encryption asset investment tools are evident with their recent submission of an application for a Litecoin ETF. With Steven Mc Clurg, co-founder of Valkyrie Funds, leading the charge, it is clear that the company is well-positioned to take advantage of this growing trend in the加密货币 market.