#加拿大推出SolanaETF
In faraway Canada, a polar bear is tapping on the keyboard with its paw, suddenly slapping its thigh: "Guys, we need to get something new going! We're tired of playing with Bitcoin and Ethereum ETFs; this time, let's create a Solana one with staking functionality, so everyone can just lie back and count money!"
So, four established asset management companies (Purpose, Evolve, CI, 3iQ) worked through the night to solder circuit boards, oh no, I mean to assemble compliance documents, and finally, on April 16, they launched the world's first "Solana Spot ETF," also offering a pie with an annual yield of 6%-8%. When the lights on the Toronto Stock Exchange lit up, even the SEC in neighboring America peeked out and mumbled, "How is this bear running faster than the eagle?"
"With one hand collecting taxes and the other hand staking, the Canadian bear holds the encrypted future, while the American vulture is still waiting for the SEC's coffee to cool down."
Unfortunately, the market is like the weather in the Arctic—changes face as quickly as it can. The SOL price dropped by 4.55% that day, while analysts munched on maple syrup pies and shouted: "$122 is the bottom, $149 is the ceiling, whether we can wear it depends on the ETF's capital flow!" After all, the Solana futures ETF in neighboring America is so dismal that even homeless people don’t want to take a second look (with a size of only $14 million), while the Canadian polar bear has already started to build snowmen with staking earnings.
"In the crypto market, good news is a shovel, bad news is an avalanche. And today, Canadians choose to mine with ETFs, while conveniently installing an elevator for the iceberg."