๐3iQ, the trailblazing Canadian asset manager, is at it again! This time, they're aiming to launch North America's first publicly traded Solana ETF on the Toronto Stock Exchange. If approved, this fund (aptly named the Solana Fund) will trade under the ticker QSOL.๐ฅ
๐คNot only will QSOL offer exposure to SOL's price movements, but also to the staking yield generated by the network. A first for any publicly listed crypto fund! Talk about innovation!๐ก
๐3iQ is no stranger to leading the pack. They were one of the first to launch publicly traded Bitcoin and Ether funds in Toronto. Now, they're setting their sights on DeFi with Solana.๐ฏ
๐Despite the exciting news, SOL's price remained modestly lower in the past 24 hours. But hey, we're optimists here! What's your take on this? Drop your thoughts in the comments!๐ #DeFi #Web3 #3iQ #SolanaETF