Spot Solana ETFs to launch in Canada this week

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.

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

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).

The OSC did not immediately respond to Cointelegraph’s request for comment.

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