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Solana ETF in the works: 3iQ files for new ETP in Canada

Solana ETF in the works: 3iQ files for new ETP in Canada

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Source: Coin Telegraph

The Solana product, QSOL, seeks to provide shareholders with staking yield accrued from the Solana network.

Digital asset manager 3iQ has filed for a Solana (SOL) exchange-traded product listing on Canada’s Toronto Stock Exchange (TSE) — a North American first if approved, the firm claims.

“We have submitted a preliminary prospectus for The Solana Fund (QSOL) in Canada in relation to an initial public offering,” 3iQ posted to X on June 20.

If approved, it would be the first Solana ETP listed in North America, the firm noted.

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Author: Brayden Lindrea