Canada is set to become a pioneer in the crypto industry as it prepares to launch spot Solana exchange-traded funds (ETFs) with staking capabilities on April 16th. The Ontario Securities Commission has approved multiple applications from investment firms, including Purpose, Evolve, CI Global Asset Management, and 3iQ. These groundbreaking ETFs will offer investors direct Solana exposure alongside staking yields in a single investment. Unlike traditional cryptocurrency ETFs, these funds combine asset ownership with staking operations, allowing investors to benefit from both price fluctuations and earning interest through staking activities without managing the process directly.