The term "Canada SolETF Launch" refers to the introduction of the world's first spot Solana (SOL) exchange-traded funds (ETFs) in Canada on April 16, 2025. Approved by the Ontario Securities Commission (OSC), these ETFs are offered by four asset managers: Purpose Investments, Evolve ETFs, CI Global Asset Management, and 3iQ .
These ETFs provide investors with direct exposure to Solana's price movements and include staking capabilities, allowing holders to earn additional yield from their investments . This launch positions Canada ahead of the U.S., where similar spot Solana ETFs have yet to receive regulatory approval.
