#CanadaSOLETFLaunch

On April 16, 2025, Canada launches the world's first spot ETF for Solana (SOL), allowing investors to gain direct exposure to the SOL token with the potential to generate returns through staking.

This ETF, named Purpose Solana ETF and trading under the symbol SOLL, is listed on the Toronto Stock Exchange (TSX). The innovative aspect of this product is that it combines direct investment in Solana with the generation of passive income through staking, all within a regulated framework and without the need for investors to manage private keys or complex technical setups.