Canada again set to beat US to milestone crypto ETF launch
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Canada is leading the way again — this time on spot solana ETFs.
Such products from Purpose Investments, Evolve, 3iQ, and CI Global Asset Management are set to debut Wednesday on the Toronto Stock Exchange.
Crypto ETF milestones in Canada are not new. In case you forgot, Purpose launched the world’s first bitcoin ETF backed by physically settled bitcoin in February 2021. Other issuers in the country brought their own products to market shortly after.
Canadian securities regulators cleared spot ether ETFs just two months after the first bitcoin funds hit the market.
As you probably know, the SEC didn’t greenlight spot…
