#CanadaSOLETFLaunch

On April 16, 2025, Canada launched the world’s first spot Solana (SOL) exchange-traded funds (ETFs) on the Toronto Stock Exchange, approved by the Ontario Securities Commission. Issuers like Purpose, Evolve, CI, and 3iQ offer these ETFs, which include staking rewards via TD, providing investors exposure to Solana’s price and yield. This move solidifies Canada’s lead in crypto ETF innovation, following its earlier Bitcoin and Ethereum ETFs. While the U.S. awaits SEC approval for similar products, Canadian investors gain a regulated way to invest in Solana, boosting its mainstream adoption.