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

Summary by sherwood.news
Canada was also the first to list a spot bitcoin ETF....

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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 …

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Regulation Asia broke the news in on Monday, April 14, 2025.
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