Canary has officially submitted the sixth amendment concerning the Spot #Solana ETF. This amendment introduces a fee rate set at 0.5%. The submission of this amendment is a significant step in the ongoing development and regulatory process of the Spot #Solana ETF. By establishing a clear fee structure, Canary aims to provide potential investors with a transparent understanding of the costs associated with this investment vehicle. The introduction of the 0.5% fee rate may influence investor interest and participation in the ETF, as fees are a crucial factor in investment decisions. Overall, this amendment reflects Canary’s commitment to refining the ETF proposal and aligning it with market expectations.
