#CanadaSOLETFLaunch Based on the context, a SOLETF in this discussion refers to a Solana Exchange Traded Fund. An ETF is a type of investment fund that trades on stock exchanges, similar to stocks. A Solana ETF specifically holds Solana (SOL) as its underlying asset, allowing investors to gain exposure to the price movements of Solana without directly owning the cryptocurrency. The Canadian SOLETFs are unique as they are "spot" ETFs (holding actual SOL) and incorporate staking.
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