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A Solana Exchange Traded Product Might Be Coming Soon To Canada

June 21, 2024
x min read

The Canadian public markets might soon be getting the first ever Exchange Traded Product for Solana.

What’s happening:

  • Digital asset management company 3iq has applied to list a Solana focused Exchange Traded Product in Canada
  • The proposed name of the new Exchange Traded Product is Solana Fund and 3iq is seeking a listing on the Toronto Stock Exchange

Why it matters:

Going deeper:

  • DeFi Technologies has been one of the leaders in Exchange Traded Products for decentralized digital assets, with a rapidly growing Solana Exchange Traded Product listed on the Nordic Growth Market as well as the recent launch of the world’s first yield generating Exchange Traded Product for Bitcoin
  • 3iq already has multiple Exchange Traded Products listed on the Toronto Stock Exchange that are focused on Bitcoin and Ethereum, including the world’s first staking ETF for Ethereum

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