Canada Prepares for Solana ETF Launch, Signaling Mainstream Investment Acceptance

Canada is set to become a pioneer in the cryptocurrency exchange-traded fund (ETF) market, launching Solana ETFs on April 16, 2025. Major players like Purpose, Evolve, CI, and 3iQ are leading this charge, placing Canada ahead of the US in this space. The new ETFs will invest in long-term holdings of Solana ($SOL), offering investors a variety of options through index tracking and staking activities with TD Bank Group.