Canada-based 3iQ has filed to launch the country's first Solana ETF. Listed on the Toronto Stock Exchange and ticker #QSOL. If launched, Coinbase Custody and Tetra Trust will become custodians.#Bloomberganalyst James Seyffart recalls that more than $1 billion is currently placed in various funds based on Solana. That is,#3iQare far from the first in this direction. BUT the trend itself is important. Spot ETFs for BTC and ETH appeared in Canada even before futures ETFs for both assets appeared in the United States.
Of course, the main influx of capital into#SOLfrom institutions may come when/if US spot Solana ETFs are approved.
News related to today's post about Solana as a technology.