#CanadaSOLETFLaunch

Canada has made a significant advancement in the cryptocurrency investment landscape by launching the world's first spot Solana (SOL) exchange-traded funds (ETFs) with integrated staking features. On April 16, 2025, four major asset managers—Purpose Investments, CI Global Asset Management, Evolve ETFs, and 3iQ—introduced these innovative financial products on the Toronto Stock Exchange.

These ETFs provide investors with direct exposure to Solana's native token, SOL, while also offering the opportunity to earn staking rewards. This dual benefit allows investors to participate in Solana's high-performance blockchain ecosystem and receive passive income through staking, all within a regulated and secure investment vehicle.

Notably, CI Global Asset Management has launched the CI Galaxy Solana ETF (tickers: SOLX.B and SOLX.U) with a promotional 0% management fee for the first three months, making it an attractive option for investors seeking cost-effective exposure to Solana.

This development positions Canada at the forefront of crypto ETF innovation, especially as the United States continues to await regulatory approval for similar spot Solana ETFs.

For more detailed information on these ETFs and their features, you can refer to the official announcements from the respective asset managers:

- Purpose Investments:

- CI Global Asset Management:

If you're interested in exploring these investment opportunities or have further questions about Solana ETFs, feel free to ask!