#CanadaSOLETFLaunch Canada confirms launch date for Solana $SOL ETFs!

A series of spot Solana ETFs will be launched in Canada on April 16. The Ontario Securities Commission (OSC) has given the green light for asset managers Purpose, Evolve, CI, and 3iQ to issue Solana ETFs.

After nearly a year since 3iQ Digital Asset Management submitted a filing to the OSC seeking approval to offer the first Solana ETP product in North America, this initiative has finally become a reality.

This also marks the first time ETFs have been approved to hold Solana, opening up opportunities for investors who want exposure to the cryptocurrency market without directly holding the coin.