Canary Capital has taken a significant step forward in the race to bring a Solana exchange-traded fund (ETF) to U.S. markets. The asset manager recently submitted an updated Solana ETF application to the Securities and Exchange Commission (SEC). This comes alongside a rebranding of the fund, now called the Canary Marinade Solana ETF, due to its new partnership with Marinade Finance, a prominent Solana staking platform. This unique collaboration introduces SOL staking as an option within the fund, differentiating it from other proposals. Analyst James Seyffart confirmed the news, highlighting this rebranding and the increasing trend of integrating decentralized finance (DeFi) elements into traditional investment products.