The launch of this ETF marks Canada's continued leadership in the field of cryptocurrency regulation. The Ontario Securities Commission (OSC) quickly approved the physically-backed Solana ETF based on its regulatory experience from the world's first Bitcoin ETF in 2021, providing a compliant channel for institutional investors. Although the price of Solana fell by 33% in early 2025, analysts pointed out that the inflow of funds into the ETF could drive prices back up, with JPMorgan predicting that similar products could attract $3-6 billion in funds.

Solana's technical advantages (such as high throughput and low transaction fees) and its ecosystem expansion in DeFi and NFTs are core factors attracting investors. However, the market must remain cautious of the high volatility of cryptocurrencies, as well as the technological challenges and competitive pressures facing Solana. Canada's move not only sets a new benchmark for the global cryptocurrency ETF market but also provides a policy framework that other national regulatory bodies can refer to.