Toronto-Based 3iQ Proposes Solana ETF, a First for North America

Canadian investment fund manager 3iQ has filed a proposal for The Solana Fund (QSOL), which would be the first Solana exchange-traded product listed in North America. The fund aims to offer easy exposure to Solana without technical complexity and will stake $SOL to earn rewards. This move adds weight to speculation over which cryptocurrencies U.S. regulators will approve next for ETFs.