Digital asset manager 3iQ has filed for a Solana (SOL) exchange-traded product (ETP) listing on the Toronto Stock Exchange (TSE) in Canada. The proposed ETP, named QSOL, aims to provide investors with exposure to the digital currency SOL and its daily price movements in U.S. dollars. Additionally, QSOL seeks to offer shareholders staking yields accrued from the Solana network, with current yields ranging between 6-8%. The filing was made across all Canadian provinces and territories except Quebec. If approved, QSOL would be the first Solana ETP listed in North America. Coinbase Custody and Tetra Trust are designated as custodians, with Coinbase Custody also providing the necessary infrastructure for institutional Solana staking.

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Digital asset manager 3iQ has filed for a Solana ( SOL ) exchange-traded product listing on Canada’s Toronto Stock Exchange (TSE) — and it seeks to include staking. “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. QSOL was filed on a preliminary prospectus with securities regulatory authorities in all Canadian provinces and territories except Quebec, 3iQ noted. QSOL would offer “exposure to the digital currency SOL” and the “daily price movements of the U.S. dollar price SOL.” Related: ASX’s first Bitcoin ETF taps $1.3M volume on first trading day In addition, QSOL holders may accrue interest from native SOL staking yields. The firm noted that staking yields currently range between 6-8%. Coinbase Custody and Tetra Trust would serve as custodians while Coinbase Custody would provide the institutional staking infrastructure needed to Solana staking for QSOL. The Canadian firm is also behind The Bitcoin Fund (QBTC), The Ether Fund (QETH), the 3iQ Bitcoin ETF(BTCQ) and the 3iQ Ether Staking ETF (ETHQ) on the TSE. Magazine:  Polkadot’s Indy 500 driver Conor Daly: ‘My dad holds DOT, how mad is that?’ 

3iQ Files for First Solana ETP in North America on Toronto Stock Exchange