#CanadaSOLETFLaunch

Canada is set to launch the world's first spot Solana ETFs with staking on April 16, 2025. This groundbreaking move allows investors to not only track the price of Solana (SOL) but also earn potential income through staking rewards. Major issuers like Purpose, Evolve, CI, and 3iQ will debut these new funds, which will hold physical Solana and actively stake the SOL tokens.

*Key Details:*

- *Launch Date:* April 16, 2025

- *Type:* Spot Solana ETFs with staking

- *Issuers:* Purpose, Evolve, CI, and 3iQ

- *Unique Feature:* Combines direct asset holding with yield generation through staking rewards

*Market Impact:*

The anticipation of this launch has already shown a positive impact on Solana's price, which is currently trading at $130.78 with a 1.91% daily gain. Technical indicators like the Relative Strength Index (RSI) and MACD suggest a bullish short-term outlook for Solana's price .