Canada Launches First Spot Solana ETFs, Opening New Doors for Crypto Investors

Canada is pioneering a new era in crypto investment with the launch of the world’s first spot Solana (SOL) exchange-traded funds (ETFs). These groundbreaking funds, approved by the Ontario Securities Commission (OSC), are set to debut on April 16th and will be offered by major issuers like Purpose Investments, Evolve ETFs, CI Global Asset Management, and 3iQ. This marks a significant milestone for cryptocurrency investment products in Canada, following its previous success with the launch of the first spot Bitcoin and Ethereum ETFs.