Solana ETP Coming to Canada? 3iQ Applies for Groundbreaking SOL Fund
Canada-based asset manager 3iQ is leading the charge in digital asset innovation! The firm has filed a preliminary prospectus for a Solana (SOL) ETP (exchange-traded product) on the Toronto Stock Exchange (TSX), potentially opening up access to Solana investment for Canadian investors. In a groundbreaking move, 3iQ has filed for a Solana exchange-traded product (ETP) listing on Canada’s Toronto Stock Exchange (TSE). If approved, this will be the first of its kind in North America, offering a regulated and accessible way to gain exposure to SOL.
3iQ's Solana Fund: A First for North America
3iQ announced today that it has filed a prospectus with the Ontario Securities Commission to launch North America's first publicly traded Solana exchange-traded product. Investment firm 3iQ has applied to launch the first Solana exchange-traded product (ETP) in Canada. The proposed ETP, called Solana Fund, would offer Canadian investors a new way to participate in the Solana ecosystem without directly holding the cryptocurrency.
Why Solana (SOL)? 3iQ Bets on DeFi Powerhouse
3iQ Digital Asset Management, a leading global player in digital asset investments, has filed a preliminary prospectus for North America's first Solana Exchange Traded Product. Currently the second-largest smart contract platform by market capitalization and trading volume, Solana offers a robust environment for the next generation of decentralized finance (DeFi). This makes it an attractive asset for investors seeking growth in the burgeoning digital economy. The Solana Fund aims to provide investors with a secure and regulated pathway to capitalize on Solana's potential.