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Canada to Launch 'World First' Spot Solana ETFs With Staking This Week: Balchunas

Canada plans to launch a number of spot Solana (SOL) exchange-traded funds (ETFs) with staking capabilities on Wednesday, according to Bloomberg senior ETF analyst Eric Balchunas.

In a post on X, Balchunas cited a circular from Toronto-Dominion Bank stating that the Ontario Securities Commission (OSC), which oversees the Toronto Stock Exchange, has approved four asset managers to list the new products. 

"The OSC today gave the go-ahead to ETF issuers, including Purpose, Evolve, CI, and 3iQ, to list the world’s first spot Solana ETFs in Canada," a screenshotted copy of the circular reads.

Canada to Launch 'World First' Spot Solana ETFs With Staking This Week: Balchunas

Canada plans to launch a number of spot Solana (SOL) exchange-traded funds (ETFs) with staking capabilities on Wednesday, according to Bloomberg senior ETF analyst Eric Balchunas.

In a post on X, Balchunas cited a circular from Toronto-Dominion Bank stating that the Ontario Securities Commission (OSC), which oversees the Toronto Stock Exchange, has approved four asset managers to list the new products. 

"The OSC today gave the go-ahead to ETF issuers, including Purpose, Evolve, CI, and 3iQ, to list the world’s first spot Solana ETFs in Canada," a screenshotted copy of the circular reads.

https://decrypt.co/314795/canada-launch-spot-solana-etfs-staking