Canada approves spot Solana ETF, which will be launched this week and support staking

According to Bloomberg ETF analyst Eric Balchunas, Canadian regulators have approved multiple issuers (including Purpose, Evolve, CI, and 3iQ) to launch spot Solana ETFs, which are expected to go live this week (April 16) and provide staking functionality through TD. This product will become one of the first Solana ETFs in the world to support spot and collateralization.