Solana noted some achievements in the past few days, whereas its native token experienced a substantial resurgence. In the following lines, we will touch upon these topics in detail.
SOL ETFs to go live in Canada
Earlier this week, Eric Balchunas (Senior ETF analyst at Bloomberg) revealed that the Ontario Securities Commission (OSC) approved several spot Solana (SOL) exchange-traded funds. These will be the first such investment vehicles to go live in Canada, and the expected launch date is April 16. The issuers include Purpose Investments, Evolve ETFs, CI Global Asset Management, and 3iQ.
The upcoming products will invest in long-term holdings of Solana in physical form but will track different indices. They will also engage in staking activities to earn rewards.
Meanwhile, some well-known entities have submitted applications to launch SOL ETFs in the United States. The list includes VanEck, Grayscale, 21Shares, Canary Capital, and more. According to Polymarket, the approval odds befo
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