On April 16, 2025, Canada launched the world's first spot Solana (SOL) exchange-traded funds (ETFs), offering investors direct exposure to SOL with staking capabilities. Approved by the Ontario Securities Commission, four asset managers—Purpose Investments, Evolve ETFs, CI Global Asset Management, and 3iQ—introduced these ETFs on the Toronto Stock Exchange citeturn0search0. Notably, CI Global's ETF features a 0% management fee for the first three months citeturn0search1. This development positions Canada ahead of the U.S., where similar ETFs await regulatory approval, marking a significant milestone in crypto investment accessibility. #CanadaSOLETFLaunch
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