On January 23, 2023, Canada became the first country to launch instant exchange-traded funds (ETFs) for Solana ($SOL), marking a significant advancement in integrating cryptocurrencies with traditional financial markets. Four ETFs have been approved by the Ontario Securities Commission, offered by companies such as 3iQ, Purpose, Evolve, and CI, and are listed on the Toronto Stock Exchange. What distinguishes these funds is the ability to provide returns through the 'staking' feature, allowing investors the opportunity to generate additional income from their holdings. This launch is expected to attract new institutional investments, which could boost the price of $SOL. Currently, the currency is trading at approximately $128.33, with fluctuations between $123.67 and $130.31 throughout the day. This development may encourage other countries, such as the United States, to consider launching similar funds, thereby enhancing the legitimacy and adoption of cryptocurrencies globally. #solana #CryptoNewss #Digital_Investment