Canada approves trading of first spot solana ETFs, beating US in altcoin ETF race

Canada approves trading of first spot solana ETFs, beating US in altcoin ETF race

Canada was also the first to list a spot bitcoin ETF....

Purpose Investments to Launch World’s First Spot Solana ETF

TORONTO, April 15, 2025 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose”), the firm behind the world’s first spot Bitcoin and Ether ETFs, is set to launch the world’s first spot Solana ETF — Purpose Solana ETF (ticker: SOLL). The ETF…

Canada launches spot Solana ETFs as crypto race ramps up

This comes just weeks after two ETFs tracking Solana futures began trading in the U.S. The post Canada launches spot Solana ETFs as crypto race ramps up appeared first on Investment Executive.

This week, Canada is about to mark a milestone in the cryptocurrencies ecosystem with the launch of Solana’s first spot ETFs worldwide. This is a momentous event not only for institutional investors, but also for the development of the Altcoins market in general. The news, which was advanced by Bloomberg’s senior ETF analyst Eric Balchunas, has attracted the attention of the entire crypto and financial industry. The development of Solana’s spot …

Canada again set to beat US to milestone crypto ETF launch

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Canada is leading the way again — this time on spot solana ETFs.  Such products from Purpose Investments, Evolve, 3iQ, and CI Global Asset Management are set to debut Wednesday on the Toronto Stock Exchange. Crypto ETF milestones in Canada are not new. In case you forgot, Purpose launched the world’s first bitcoin ETF backed by physically settled bitcoin in…

Canada to Launch World’s First Solana Spot ETFs on April 16

On April 16, 2025, Canada will launch the world’s first Solana ETFs. Following previous launches of Bitcoin and Ethereum ETFs, this event is significant for the global cryptocurrency market. Canada to Introduce Spot Solana ETFs The launch coincides with a recent 25% increase in Solana’s price over the last week. OSC Approves Solana ETF Offerings from Multiple Issuers The Ontario Securities Commission (OSC) has approved Solana ETFs from several m…