The Solana ETF isn’t approved yet. But @MarinadeFinance is already at the center of it.
Earlier this year, Canary Capital filed the first US Solana ETF, and in that filing, they named Marinade as the exclusive staking provider.
fyi:
+ All staking rewards from the ETF would flow through Marinade
+ This would mark the first-ever staked Solana ETF with institutional infrastructure
+ SEC approval is pending, but the direction is clear
This is a strong vote of confidence, not just in Solana, but in Marinade’s protocol.
And $MNDE? It’s the token tied directly to this infrastructure.
The market may be slow to catch up, but institutions are already leaning in.
Marinade Select, the latest institutional-grade $SOL staking product from @MarinadeFinance, recently achieved over 830k SOL (~$120M) in TVL amid rising SOL ETF momentum.
Marinade Select has also been named as the exclusive provider in Canary Capital's pending Solana ETF.
Here's what you need to know 👇
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