3iQ launches the first Solana exchange-traded fund (ETP) in North America
Canadian asset manager 3iQ has announced that it has filed a prospectus with the Ontario Securities Commission (OSC) to launch an exchange-traded product (ETP) for Solana Coin on the Toronto Stock Exchange (TSX).
If approved, this fund will be the first publicly traded Solana ETP in North America.
the details:
In an announcement on the
Once this fund is approved by the Ontario Securities Commission (OSC), it will trade under the ticker QSOL.
This fund aims to provide investors exposure to SOL, as well as opportunities to achieve long-term capital growth and returns from staking operations.
Greg Benheim, executive vice president of product and chief commercial officer at 3iQ, said in a press release:
3IQ seeks to set a global standard of excellence, and we are proud to collaborate closely with the OSC to responsibly advance Canada’s digital asset investment landscape.
Since its founding in 2012, 3iQ has established itself as one of the leading digital asset fund managers.
The company provided investors with convenient investment tools to learn about digital assets.
Among these instruments are the Bitcoin (QBTC) and Ethereum (QETH) funds, which were among the first publicly traded Bitcoin and Ethereum funds in Canada.
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