On April 16, 2023, Canada launched the Solana ETF, which is one of the world's first Solana spot ETFs. Here are some specific details about it:

- Approval and Issuing Institutions: The Ontario Securities Commission (OSC) approved asset management companies such as Purpose, Evolve, CI, and 3iQ to issue related ETFs.

- Trading Features: Listed on the Toronto Stock Exchange with staking functionality, which is its unique aspect. Through staking, investors can expect to achieve higher returns than Ethereum staking, while also potentially reducing the overall costs of holding these ETFs.