Summary
- The U.S. Securities and Exchange Commission (SEC) announced that it is seeking feedback on the Canary fund's Solana (SOL) trust.
- CoinDesk reported that the review of the application has begun.
- It was stated that within 21 days, a decision will be made on whether to approve, reject, or extend the decision deadline.
According to crypto-specialized media CoinDesk on the 11th (local time), the U.S. Securities and Exchange Commission (SEC) announced that it is seeking feedback on the Solana (SOL) trust of the Canary fund. The media added, "The review of the application has begun," and "Within 21 days, the regulatory body will decide whether to approve, reject, or extend the decision deadline." 

JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

![[Market Update] Bitcoin slides to the $68,000 range… "Macro caution persists despite upbeat CPI"](https://media.bloomingbit.io/PROD/news/7c356c31-7d95-4f87-9e5b-bf3ebab9c6d6.webp?w=250)

![[Analysis] "XRP enters a pullback after failing to hold $1.62… focus on whether it can break above $1.51"](https://media.bloomingbit.io/PROD/news/43b35985-b585-4ba4-8af7-82ef19948262.webp?w=250)

![[Today’s key economic & crypto calendar] Japan’s preliminary Q4 GDP, etc.](https://media.bloomingbit.io/static/news/brief_en.webp?w=250)