#CanadaSOLETFLaunch On April 16, 2025, Canada made history by launching the first spot Solana (SOL) ETFs in North America, surpassing the United States in the adoption of regulated crypto financial products.

Four Canadian issuers —Purpose, Evolve, CI, and 3iQ— received approval from the Ontario Securities Commission to offer these ETFs on the Toronto Stock Exchange (TSX). The innovative aspect of these products is that they allow investors to directly access SOL, with the possibility of participating in staking (locking tokens to earn yields), a feature that has been limited or postponed in other markets, such as the United States.

3iQ, a pioneer in crypto funds in Canada, launched the ETF under the symbol QSOL, offering exposure to the daily price of SOL and the possibility of earning returns through staking, estimated between 6% and 8% annually.