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According to Odaily, the U.S. Securities and Exchange Commission (SEC) has initiated a 21-day public comment period for the proposed Canary Solana ETF. This ETF aims to integrate SOL investments into mainstream finance. The regulatory filing sets a timeline for the SEC to make a decision—either to approve, reject, or extend the deadline to delay the decision. Crypto market analysts are optimistic about the approval of SOL and other altcoin ETFs in 2025, although the exact timing and order remain uncertain.