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Canary Capital Launches Solana ETF With Built-In Staking Rewards

MarketDash Editorial Team
17 days ago
Canary Capital's new Solana ETF offers investors spot exposure to SOL with an unusual twist: embedded staking rewards that generate yield while you hold it, bringing passive crypto income into a traditional fund wrapper.

If you've ever wanted exposure to Solana but dreaded the thought of managing wallets and private keys, Canary Capital Group just made things easier. The firm launched the Canary Marinade Solana ETF (SOLC), which offers spot exposure to SOL, the native token of the Solana blockchain, with a feature that's still rare among U.S.-listed crypto funds: embedded staking rewards.

Here's how it works. Instead of buying SOL directly and figuring out how to stake it yourself, you buy shares of SOLC. The fund holds Solana and stakes it on your behalf, generating rewards through the blockchain's proof-of-stake system. Think of staking rewards as something like variable interest payments for helping secure and operate the network. You get exposure to Solana's price movements plus whatever yield the staking generates, all without touching a crypto exchange or worrying about custody.

Staking has become a popular way to earn passive income in crypto, but it also serves a functional purpose. It strengthens the security and decentralization of the Solana network, which means SOLC offers a double appeal: access to one of the fastest-growing blockchain ecosystems and the chance to capture additional yield along the way.

Solana has been drawing attention for good reason. It's known for high transaction speeds, low fees, and an expanding presence across decentralized finance, consumer apps, and enterprise use cases. Network growth has been a major draw for investors looking beyond Bitcoin and Ethereum to the next wave of blockchain utility.

According to Canary Capital's leadership, Solana represents where blockchain adoption is headed, thanks to its efficiency, active community, and potential for financial inclusion. They designed SOLC to deliver that exposure in a familiar ETF wrapper while tapping into staking as an emerging opportunity where traditional finance meets crypto.

Canary's product lineup has been turning heads lately. Earlier this month, the firm launched the first U.S.-listed spot XRP ETF, the Canary XRP ETF (XRPC), which began trading on November 13 with a 0.50% expense ratio. That fund pulled in $58 million in first-day trading volume, the highest for any ETF debut in 2025, according to Bloomberg's Eric Balchunas. The strong reception signaled growing appetite for regulated access to major digital assets.

With SOLC's launch, Canary Capital continues its push to simplify digital asset investing and broaden access to the crypto economy. The firm is betting that investors want the upside of crypto without the operational headaches that typically come with it.

SOLC is one of nine Solana-focused ETFs launching or set to launch this week, a sign that institutional interest in the blockchain is heating up fast.

Back to News

Canary Capital Launches Solana ETF With Built-In Staking Rewards

MarketDash Editorial Team
17 days ago
Canary Capital's new Solana ETF offers investors spot exposure to SOL with an unusual twist: embedded staking rewards that generate yield while you hold it, bringing passive crypto income into a traditional fund wrapper.

If you've ever wanted exposure to Solana but dreaded the thought of managing wallets and private keys, Canary Capital Group just made things easier. The firm launched the Canary Marinade Solana ETF (SOLC), which offers spot exposure to SOL, the native token of the Solana blockchain, with a feature that's still rare among U.S.-listed crypto funds: embedded staking rewards.

Here's how it works. Instead of buying SOL directly and figuring out how to stake it yourself, you buy shares of SOLC. The fund holds Solana and stakes it on your behalf, generating rewards through the blockchain's proof-of-stake system. Think of staking rewards as something like variable interest payments for helping secure and operate the network. You get exposure to Solana's price movements plus whatever yield the staking generates, all without touching a crypto exchange or worrying about custody.

Staking has become a popular way to earn passive income in crypto, but it also serves a functional purpose. It strengthens the security and decentralization of the Solana network, which means SOLC offers a double appeal: access to one of the fastest-growing blockchain ecosystems and the chance to capture additional yield along the way.

Solana has been drawing attention for good reason. It's known for high transaction speeds, low fees, and an expanding presence across decentralized finance, consumer apps, and enterprise use cases. Network growth has been a major draw for investors looking beyond Bitcoin and Ethereum to the next wave of blockchain utility.

According to Canary Capital's leadership, Solana represents where blockchain adoption is headed, thanks to its efficiency, active community, and potential for financial inclusion. They designed SOLC to deliver that exposure in a familiar ETF wrapper while tapping into staking as an emerging opportunity where traditional finance meets crypto.

Canary's product lineup has been turning heads lately. Earlier this month, the firm launched the first U.S.-listed spot XRP ETF, the Canary XRP ETF (XRPC), which began trading on November 13 with a 0.50% expense ratio. That fund pulled in $58 million in first-day trading volume, the highest for any ETF debut in 2025, according to Bloomberg's Eric Balchunas. The strong reception signaled growing appetite for regulated access to major digital assets.

With SOLC's launch, Canary Capital continues its push to simplify digital asset investing and broaden access to the crypto economy. The firm is betting that investors want the upside of crypto without the operational headaches that typically come with it.

SOLC is one of nine Solana-focused ETFs launching or set to launch this week, a sign that institutional interest in the blockchain is heating up fast.