Canada officially becomes a pioneer: Solana ETFs are launching with the approval of the OSC regulator. Moreover, this is not just about tracking the price — the funds will hold real SOL tokens. This is a step towards full institutionalization of Solana.
The project involves the largest management companies in Canada:
• Purpose Investments
• Evolve ETFs
• CI Global Asset Management
• 3iQ
The key feature is the ability to stake directly within the fund.
This means that investors will not only be able to hold the asset through ETFs but also earn additional returns by participating in the network. Staking will be handled by TD Bank — one of the largest banks in the country.
Why is this important?
• Institutional money is flowing into Solana
• Passive income appears through ETFs
• Solana offers high staking returns (higher than Ethereum)
• Funds are aimed at different strategies — from aggressive to balanced
Against the backdrop of the news, Solana has already gained +25% over the week.
The network has reached 1st place in the number of transactions — 355 million in 7 days (data from Nansen). It is actively discussed on social media — Solana is trending again.
Current range: $125–135
• Breaking above $137 opens the way to the target of $151
• Support at the level of $125
• In case of a drop — possible correction to $117
The launch of these funds could be a turning point — for both Solana and the entire cryptocurrency market. While the US is still discussing approval, Canada is already implementing.
Are you already in position?
