#CanadaSOLETFLaunch
Canada’s pioneering spot Solana ETFs, unveiled on April 16, 2025, by Purpose, Evolve, CI, and 3iQ, introduce staking mechanisms yielding approximately 7%. Custodied by TD Bank, these ETFs, holding native SOL tokens, galvanize institutional engagement. Experts anticipate restrained near-term SOL price appreciation, with projections targeting $200 by 2025’s close, though subdued U.S. futures-based ETF assets temper optimism. Solaxy’s $0.2 forecast by 2030 ignites long-term enthusiasm. Regulatory endorsement underscores Canada’s cryptographic primacy, yet global trade frictions and market fluctuations may hinder adoption. Discerning investors, wary of volatility, await market dynamics and staking yield outcomes.
