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Spot Solana ETFs to launch in Canada this week

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 75 Views

According to Bloomberg's Eric Balchunas, multiple SOL ETFs are set to launch in Canada on April 16. The funds are expected to feature SOL staking.

Update (April 14 at 9:12 pm UTC): This article has been updated to include a comment from the Ontario Securities Commission.

Spot Solana exchange-traded funds (ETFs) are set to launch in Canada on April 16, according to Bloomberg analyst Eric Balchunas.Β 

In an X post on April 14, the analyst shared a private client note from TD Bank, a Canadian financial institution, claiming the Ontario Securities Commission (OSC) greenlighted asset managers Purpose, Evolve, CI and 3iQ to issue ETFs holding Solana (SOL).

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