#CanadaSOLETFLaunch #CanadaSOLETFLaunch 

​Canada has made history by launching the world's first spot Solana (SOL) exchange-traded funds (ETFs) on April 16, 2025. These ETFs are now trading on the Toronto Stock Exchange, offering investors direct exposure to Solana's price movements along with the added benefit of staking rewards.​Press Release & Investor Services+11Blockhead+11Cointelegraph+11Blockhead+3CoinDesk+3GlobeNewswire+3

Key Highlights of the Launch

Pioneering Spot Solana ETFs: Four asset managers—Purpose Investments, Evolve ETFs, CI Global Asset Management, and 3iQ—have introduced spot Solana ETFs, marking a significant milestone in crypto investment products. ​Cointelegraph+6FXStreet+6Blockhead+6

Inclusion of Staking Rewards: These ETFs allow the staking of underlying SOL tokens, enabling investors to earn passive income without directly engaging with decentralized finance (DeFi) platforms. This feature is particularly attractive to institutional investors seeking yield-generating opportunities. ​Binance+8Binance+8FXStreet+8

Regulatory Approval: The Ontario Securities Commission (OSC) approved these ETFs, positioning Canada ahead of the U.S., where similar products are still under regulatory review. ​Blockworks+3Blockhead+3CoinDesk+3

Competitive Fee Structures: CI Global Asset Management has launched its CI Galaxy Solana ETF (TSX: SOLX.B, SOLX.U) with a 0% management fee for the first three months, aiming to attract early investors.