#CanadaSOLETFLaunch

Canada has already launched spot Solana ETFs beating the US to the punch four asset managers 3iQ Corp evolve Funds Group Inc ci Global Asset Management and Purpose Investments have listed products on the Toronto Stock Exchange these ETFs provide direct exposure to Solana tokens SOL and allow investors to stake a portion of their holdings to earn rewards.

Key Features of the ETFs

Direct Exposure The ETFs hold physical SOL providing investors with direct exposure to the cryptocurrencys price movements.

Staking Each fund has a different approach to staking, with some targeting up to 50% of their SOL holdings to earn rewards.

Management Fees Fees vary among the ETFs ranging from 0% to 1.00% per annum, with some waiving fees for a specified period.

Available ETFs

Evolve Solana ETF link unavailable Currently priced at $10.14 with a 0.60% increase.

3iQ Solana Staking ETF SOLQ 0% management fee for the first 12 months.

CI Galaxy Solana ETF SOLX 0% management fee until July 16 2025.

Purpose Solana ETF SOLL 0.39% management fee.

The launch of these ETFs marks a significant milestone for Canadas cryptocurrency fund industry and provides investors with a regulated and accessible way to gain exposure to SOL.