#CanadaSOLETFLaunch
Start trading from April 16, 2025
Location: Toronto Stock Exchange (TSX) – Canada
Issuers: Purpose Investments, Evolve, CI Global Asset Management, and 3iQ
Highlights:
This is the world's first spot ETF for Solana (SOL)
Features staking, allowing investors to earn additional profits from network rewards
Utilizes a dedicated staking infrastructure to reduce costs and optimize profits
Significance:
This is a significant step towards the legalization of digital assets, which could set a precedent for other countries (such as the U.S.) to consider approving similar Spot ETFs.