{"id":155086,"date":"2025-04-15T09:00:40","date_gmt":"2025-04-15T06:00:40","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=155086"},"modified":"2025-04-15T03:58:09","modified_gmt":"2025-04-15T00:58:09","slug":"canada-prepares-to-launch-worlds-first-spot-solana-etfs-with-staking-built-in","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/canada-prepares-to-launch-worlds-first-spot-solana-etfs-with-staking-built-in\/","title":{"rendered":"Canada Prepares to Launch World\u2019s First Spot Solana ETFs with Staking Built In"},"content":{"rendered":"

Following its earlier rollouts of Bitcoin and Ethereum spot ETFs, the country is now ready to introduce<\/a> <\/strong>the first-ever spot ETFs based on Solana (SOL), scheduled to hit the market on April 16, 2025. The timing couldn\u2019t be more favorable, as SOL has seen a strong price surge of 25% over the past week.<\/p>\n

The green light comes from the Ontario Securities Commission (OSC), which has approved a group of heavyweights in the ETF world\u2014Purpose Investments, CI Global Asset Management, Evolve ETFs, and 3iQ. What makes these funds stand out is that they\u2019re not just tracking Solana\u2019s price movements. They will hold actual SOL tokens, giving investors direct exposure to the asset.<\/p>\n

But that\u2019s not all\u2014these Solana ETFs come with a twist that sets them apart from earlier crypto ETFs: staking. According to Bloomberg ETF analyst Eric Balchunas, the funds will integrate staking mechanisms with support from TD Bank. This means that the Solana held in the ETFs will participate in securing the network, generating rewards that can be passed back to investors. With Solana offering higher staking yields than Ethereum, the potential for improved returns is significant.<\/p>\n