🚨🇨🇦 CANADA LAUNCHES SPOT
#SOLANA ETFs WITH STAKING
🔹April 16, 2025: Toronto Stock Exchange listed 4 spot Solana ETFs—3iQ, Purpose, Evolve, CI Financial—approved by the Ontario Securities Commission (OSC).
🔹These ETFs directly hold SOL tokens and offer staking rewards, a global first in regulated crypto ETFs.
🔹Staking yields estimated at 2%–3.5% annually, TD Bank provides staking infrastructure.
🔹$73.5M AUM reached in two days.
🔹Cathie Wood’s ARK Invest added 3iQ’s SOL ETF to ARKW and ARKF funds.
🔹Move positions Canada as a leader in crypto ETF innovation, expanding investor access to DeFi.
🔹The US SEC is reviewing 72 crypto ETF applications, including altcoins and memecoins, but regulatory complexity may slow approval.
#Solana #ETF #Canada #Staking #DeFi
-Cointelegraph, OSC, ARK Invest, TradingView
$SOL