-
Canadian
asset
manager
3iQ
announced
it
has
filed
a
prospectus
to
list
a
Solana
ETP
in
Toronto. -
3iQ
was
one
of
the
first
fund
managers
to
launch
a
publicly
traded
Bitcoin
fund,
as
well
as
an
Ether
fund
in
Toronto
3iQ
announced
today
that
it
has
filed
a
prospectus
with
the
Ontario
Securities
Commission
to
launch
North
America’s
first
publicly
traded
Solana
exchange-traded
product
on
the
Toronto
Stock
Exchange
(TSX).
“3iQ
seeks
to
set
a
global
standard
of
excellence
and
we’re
proud
to
work
closely
with
the
OSC
to
responsibly
enhance
the
digital
asset
investment
landscape
in
Canada,”
said
Greg
Benhaim,
Executive
Vice
President
of
Product
and
Head
of
Trading
at
3iQ,
in
a
release.
The
fund,
called
the
Solana
Fund,
will
trade
under
the
ticker
QSOL
if
approved
by
the
OSC.
In
addition
to
offering
exposure
to
the
price
movements
of
SOL,
it
will
also
offer
exposure
to
staking
yield
generated
by
the
network.
“Our
goal
is
to
continue
pushing
the
envelope
and
maintaining
Canada
as
an
innovation
hub.
The
Solana
ETP
will
have
staking
enabled,
similar
to
our
Ether
ETPs,
allowing
us
to
pass
through
the
yield
to
investors,”
Christopher
Matta,
a
Strategic
Advisor
to
3iQ,
told
CoinDesk
in
a
phone
interview.
“As
pioneers
in
digital
asset
investment
management,
we
look
forward
to
continuing
our
mission
to
deliver
regulated
investment
vehicles
–
embodying
the
highest
standards
and
working
with
best-in-class
partners
–
for
individual
and
institutional
investors
to
efficiently
access
the
growing
crypto
asset
class,”
Benhaim
continued.
3iQ
was
one
of
the
first
fund
managers
to
list
a
bitcoin
fund,
with
its
Bitcoin
Fund
on
the
TSX,
and
the
first
to
launch
a
publicly
listed
Ether
fund,
also
in
Toronto.
The
price
of
SOL
remained
modestly
lower
over
the
past
24
hours
following
the
news,
according
to
data
from
CoinDesk
Indices.
UPDATE
(June
20,
21:42
UTC):
Updates
with
additional
quotes
