🚨 BREAKING NEWS : Canada Approves First Solana Spot ETFs With Staking 💯
Canada has just created a global precedent with the approval of the first spot ETFs backed by Solana (SOL), with staking option. While the United States struggles to go beyond Bitcoin and Ethereum, this Canadian initiative propels Solana to the rank of institutionalized asset, marking a clear break in the hierarchy of listed cryptocurrencies. This is a strong signal for an ecosystem that has long been relegated to the background.
A first worldwide for Solana: spot ETFs with staking
According to Eric Balchunas, analyst at Bloomberg, several Solana-backed spot ETFs (SOL) will enter the Canadian market on April 16, 2025, a first worldwide for an asset other than Bitcoin or Ether.
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