#CanadaSOLETFLaunch 🚨 Canada Launches Spot Solana ETFs for the First Time — With Staking Features

A major milestone in the crypto market! 🇨🇦 On April 16, Canada will officially launch the world's first spot Solana ETFs approved by the Ontario Securities Commission (OSC). Four major asset managers — Purpose, Evolve, CI, and 3iQ — are behind this launch.

🔑 Key Points:

▫️These ETFs will include staking features

▫️Potential for higher returns than ETH staking

▫️Designed to reduce ETF holding costs

▫️The launch was confirmed through a loop shared by Eric Balchunas of TD Bank and Bloomberg

Meanwhile, U.S. players such as Grayscale, Bitwise, 21Shares, and VanEck are still awaiting approval for similar spot Solana ETFs. In contrast, existing Solana futures ETFs in the U.S. have seen limited AUM so far.

👀 What this means:

Canada is leading the altcoin ETF race — and all eyes are on how these products will perform. With integrated staking rewards, this could set a precedent for future crypto ETF designs.

$SOL ETF Tracker:

▫️Volatility Shares Solana ETF: ~$5.1M AUM

▫️2x Solana ETF: ~$8.7M AUM

Will Solana ETFs bring the bulls or will they fail? Let's talk 👇