Canadian asset manager, 3iQ, has filed a prospectus with the Ontario Securities Commission to launch the first publicly traded Solana exchange-traded product (ETP) in North America on the Toronto Stock Exchange. If approved, the Solana Fund (QSOL) will provide investors with exposure to SOL, offering opportunities for long-term capital appreciation and staking yield generated by the Solana network.

3iQ, as the investment manager and portfolio manager of QSOL, will oversee the fund’s operations, with Canaccord Genuity as the offering agent and Tetra Trust and Coinbase Custody Trust Company serving as custodians. The fund will also utilize Coinbase Custody’s institutional staking infrastructure to support SOL staking.

3iQ, established in 2012, has become a leading digital asset investment fund manager, introducing the first publicly traded Bitcoin and Ether funds in Canada. The firm continues to innovate, offering regulated investment vehicles for individual and institutional investors to efficiently access the crypto asset class.