🚨🇨🇦 CANADA LAUNCHES SPOT #SOLANA ETFs WITH STAKING

🔹April 16, 2025: Toronto Stock Exchange listed 4 spot Solana ETFs—3iQ, Purpose, Evolve, CI Financial—approved by the Ontario Securities Commission (OSC).

🔹These ETFs directly hold SOL tokens and offer staking rewards, a global first in regulated crypto ETFs.

🔹Staking yields estimated at 2%–3.5% annually, TD Bank provides staking infrastructure.

🔹$73.5M AUM reached in two days.

🔹Cathie Wood’s ARK Invest added 3iQ’s SOL ETF to ARKW and ARKF funds.

🔹Move positions Canada as a leader in crypto ETF innovation, expanding investor access to DeFi.

🔹The US SEC is reviewing 72 crypto ETF applications, including altcoins and memecoins, but regulatory complexity may slow approval.

#Solana #ETF #Canada #Staking #DeFi

-Cointelegraph, OSC, ARK Invest, TradingView$SOL