#CanadaSOLETFLaunch Canada will launch several spot Solana ETFs on April 16, 2025, becoming the first country to offer such products. Four asset managers – Purpose Investments, Evolve ETFs, CI Global Asset Management, and 3iQ – received approval from the Ontario Securities Commission. These ETFs will be listed on the Toronto Stock Exchange and, notably, will offer staking features for Solana, which could provide higher returns than staking Ether. This move positions Canada ahead of the U.S. in offering regulated investment vehicles for Solana, marking another milestone in Canada's progressive approach to cryptocurrency ETFs, following its early approval of Bitcoin and Ether ETFs.
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