Canada Approves First Spot Solana ETFs with Staking Feature
Canada is set to launch the world’s first spot Solana (SOL) ETFs on April 16, 2025. This follows approval from the Ontario Securities Commission. The announcement comes as Solana’s price surged by 25% in just one week. This increase reflects strong investor interest and heightened network activity, which includes a record 355 million transactions. These new ETFs will differ from traditional crypto ETFs. They will support SOL staking, which could