#CanadaSOLETFLaunch

On April 16, 2025, Canada became the first country to launch spot Solana (SOL) ETFs, approved by the Ontario Securities Commission. Four firms—Purpose, Evolve, CI Global AM, and 3iQ—listed these ETFs on the Toronto Stock Exchange.

Key features:

Direct exposure to SOL (not futures-based)

Staking rewards included

Low or zero management fees (e.g., CI Global offers 0% for 3 months)

Canada leads ahead of the U.S. in crypto ETF innovation

This move gives investors regulated access to Solana without handling crypto wallets or private keys, while also earning passive rewards via staking.