Mr Imed
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🇨🇦 Canada will launch instant ETF funds for Solana this week with staking capability.
This launch is a global first, as Canada surpasses the United States in launching instant ETFs for Solana with staking features.
A memo from TD Bank indicated that the Ontario Securities Commission (CVMO) has approved four asset managers to register these new products.
"The new Solana ETFs will enable staking activities aimed at generating returns, which could provide yields exceeding those from Ethereum staking, while reducing the overall costs of owning ETFs."
This launch is a global first, as Canada surpasses the United States in launching instant ETFs for Solana with staking features.
A memo from TD Bank indicated that the Ontario Securities Commission (CVMO) has approved four asset managers to register these new products.
"The new Solana ETFs will enable staking activities aimed at generating returns, which could provide yields exceeding those from Ethereum staking, while reducing the overall costs of owning ETFs."
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