While American issuers are still awaiting the approval of a STOLA SPOT (SPOT) stock market fund (SOL), Canadian investors will be able to exchange such funds on the Toronto Stock Exchange from Wednesday.
Four asset managers are ready to bring their product to the market, notably Purpose, Evolve, CI and 3iq, which will also have stimulation capacities, according to a Cowen TD note shared by analyst ETF Eric Balchunas.
The 2025 consensus takes place in Toronto from May 14 to 16. Click here for tickets.
The funds were approved Monday by the Ontario (CSO) securities commission (CSO), according to the note.
Meanwhile, transmitters in the United States, especially in gray levels, Franklin Templeton, 21Shares, Bitwise, Vaneck and Fidelity, are still waiting for the green light from Securities and Exchange Commission (SEC) to launch a Solana Spot fund.
There are currently two ETFs that follow the term exchanges in the American markets, the volatility shares Solana ETF (Solz) and the volatility shares 2x ETF Solara (SOLT), which both attracted a relatively small quantity of assets, around $ 5 million for Solz and $ 10 million for Solt.
ETF Crypto Spot, however, were a huge success among investors, attracting several billion dollars over a year, the ETF Bitcoin (BTC) becoming the most successful ETF launch in history.
