This Solana ETF is set to begin trading on the Toronto Stock Exchange (TSX) on April 16, 2025.
The new ETF is backed by a $50 million lead investment from SkyBridge Capital. It offers a regulated, transparent, and cost-efficient way for investors to gain exposure to Solana (SOL). It also allows them to earn staking rewards.
Making Solana Accessible to the Masses
The SOLQ ETF allows both retail and institutional investors to participate in Solanaâs upside. This is without needing to manage wallets, private keys, or staking infrastructure themselves. Instead, 3iQ handles everything. From acquiring the SOL through top digital asset platforms and OTC partners to managing the staking process.
For the first 12 months, SOLQ comes with a 0% management fee, making it one of the most competitively priced crypto ETFs in the market today. This pricing strategy, paired with staking rewards, enhances the total return potential for investors. Especially those seeking long-term exposure to the Solana ecosystem.
Trading is set to begin on the Toronto Stock Exchange (TSX) today. pic.twitter.com/hqbMysJXfw
â SolanaFloor (@SolanaFloor) April 16, 2025
Pascal St-Jean, President and CEO of 3iQ, said: âThe support of SkyBridge and others affirms our strategy of offering well-constructed, risk-managed fund solutions in the digital asset space.â St-Jean added that SOLQ not only highlights 3iQâs role as an industry innovator but also gives investors access to a product designed for transparency, efficiency, and yield enhancement.
Bridging Passive Income and Solanaâs Growth
Staking allows SOL holders to earn rewards by helping secure the Solana network. Through SOLQ, these rewards are passed along to investors in the form of yield, without requiring technical know-how. This structure makes passive income from staking more accessible to traditional investors, bridging the gap between legacy finance and Web3.
Congratulations to @solana and @3iq_corp on the launch of the 3iQ Solana Staking ETF (TSX:SOLQ), which marks an important step forward for the digital finance industry. @SkyBridge is proud to make a $50 million lead investment into SOLQ at launch.https://t.co/LU0OAhIIEJ
â Anthony Scaramucci (@Scaramucci) April 16, 2025
With Solanaâs on-chain activity growing and real-world applicationsâfrom payments to NFTsâexpanding, SOLQ comes at a time when demand for straightforward exposure to this high-speed blockchain is rising.
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