On April 25, 2025, Canada launched the world's first spot ETFs on Solana (SOL), approved by the Ontario Securities Commission. Four managers—3iQ, Purpose Investments, Evolve, and CI Global Asset Management—introduced these ETFs on the Toronto Stock Exchange, offering direct exposure to SOL with integrated staking features. For example, 3iQ's SOLQ ETF offers estimated staking returns between 6% and 8% per year. This initiative positions Canada at the forefront of institutional cryptocurrency adoption, surpassing the United States, where similar products are still awaiting approval. My grandfather was a wise man and used to say listen to everyone, trust no one.