Crypto enthusiasts are excited as a recent development suggests the long-awaited Solana ETF news might be closer than ever. On June 20, digital asset manager 3iQ filed for a Solana exchange-traded product (ETP) listing on Canada’s topmost stock exchange, the TSE.
The Solana Fund, with the ticker QSOL, aims to track Solana’s daily price movements and even offer staking yields for investors. 3iQ says QSOL would be the first Solana ETP in North America if approved.
Importantly, this development could bring more eyes to the SOL ecosystem and even the crypto market.
3iQ Plans to Launch North America’s First Solana ETP on the Toronto Stock Exchange
On June 20, 2024, 3iQ announced through the X platform that it had submitted a prospectus to the Ontario Securities Commission (OSC). The firm aims to launch North America’s first Solana exchange-traded product (ETP) on the Toronto Stock Exchange (TSX) under the ticker…
