While the US issues are still waiting for the approval of a Spot Solana (Sol) Fund quoted in the stock market (ETF), Canadian investors can negotiate such funds in the Toronto Stock Exchange as of Wednesday.
Four asset administrators are ready to take their product to the market, including Purpose, Evolve, CI and 3IQ, all of which will also have rethinking skills, according to a TD Cowen note shared by ETF analyst Eric Balchunas.
Consensus 2025 takes place in Toronto from May 14 to 16. Click here to see the tickets.
The funds were approved by the Ontario Securities Commission (OSC) on Monday, according to the note.
Meanwhile, the issuing in the United States, including Grayscale, Franklin Templeton, 21Shares, Bitwise, Vaneck and Fidelity, are still waiting for the green light of the Bag and Values Commission (SEC) to launch a Spot Solana background.
There are currently two ETFS for monitoring suns in the US markets., Solana ETF volatility shares (Solz) and volatility share 2x Solana ETF (solt), which have attracted a relatively small amount of assets, around $ 5 million for Solz and $ 10 million for lology.
However, SPOT cryptographic ETFs have had great success among investors, attracting multiple billions of dollars over the course of a year, with the Bitcoin ETF (BTC) becoming the most successful ETF launch of ETF in history.
