#CanadaSOLETFLaunch

World's First Spot Solana ETFs to Launch in Canada

On April 16th, the world’s first spot Solana ETFs will begin trading on the Toronto Stock Exchange. All four ETFs hold physical Solana—no futures, no leverage. A major milestone for institutional adoption.

Going to be interesting if this makes US regulators move faster.

Do you guys think these ETFs will get strong demand? Based on Solana's relative market cap, these ETFs could see around $250M in total assets.

UPDATE: Evolve Solana ETF just announced a fee waiver on their ETF, so 0% management fee until the end of the year.