3iQ Corp. Launches Solana Staking ETF (SOLQ) on Toronto Stock Exchange
3iQ Corp. has announced the launch of the Solana Staking ETF (SOLQ), set to list on the Toronto Stock Exchange (TSX) at 9:30 AM EST on November 1. This marks the first North American ETF to integrate Solana native staking rewards in a regulated exchange-listed product.
Key Features of SOLQ
SOLQ offers investors access to Solana native staking rewards without the need for direct interaction with the asset custody or protocol.
Previously, Solana staking rewards were limited to cryptocurrency users only.
Figment has been selected as the primary staking provider for the ETF, leveraging their strong infrastructure and track record in the Solana ecosystem.
Figment's Role
Figment has been a key validator in the Solana ecosystem, with over $15 billion in assets staked across 40+ protocols.
CEO Lorien Gabel stated that combining institutional-grade staking infrastructure with traditional investment products provides sustainable staking returns for a new wave of investors.
Previous Milestones by 3iQ
3iQ launched the world’s first Ethereum staking ETF in 2023 and also introduced the first Bitcoin ETF (BTCQ) on global exchanges.
This launch reflects 3iQ’s commitment to innovation and strengthening collaborations within the digital asset ecosystem.
