$SOL

Canada has launched the world's first spot Solana (SOL) exchange-traded funds (ETFs) on April 16, 2025, ahead of the U.S. Approved by the Ontario Securities Commission, four asset managers—Purpose Investments, Evolve ETFs, CI Global Asset Management, and 3iQ—are offering these ETFs on the Toronto Stock Exchange. These funds provide direct exposure to SOL and incorporate staking features, allowing investors to earn yields from their holdings. Purpose's ETF, trading under the ticker SOLL, utilizes proprietary in-house staking infrastructure to enhance returns. This milestone positions Canada at the forefront of crypto ETF innovation, while U.S. issuers await regulatory approval for similar products.