Canadian digital asset manager 3iQ has once again cemented its status as a market innovator with the launch of the 3iQ Solana Staking ETF (TSX: SOLQ), the first exchange-traded fund in North America to offer staking exposure to Solana (SOL).
The ETF begins trading today on the Toronto Stock Exchange, backed by major investors including SkyBridge Capital, which is making a $50 million lead investment.
The new fund provides investors with direct exposure to Solana while also generating passive income through staking rewards—making it an attractive option for those seeking both capital appreciation and yield in the growing digital asset sector. For the first 12 months, SOLQ will feature no management fees, positioning it as one of the most cost-effective crypto ETFs on the market.
“We are delighted to launch this ground-breaking 3iQ Solana Staking ETF with investments from SkyBridge Capital and other investors,” said Pascal St-Jean, President and CEO of 3iQ. “Their support confirms both the attractiveness of SOLQ and 3iQ’s leadership in the digital asset investment space.”
The ETF invests in long-term holdings of Solana acquired from leading digital asset trading platforms and over-the-counter counterparties. It is structured to meet the regulatory and operational standards 3iQ is known for—providing institutional and retail investors with a secure, transparent, and efficient vehicle for crypto exposure.
This launch builds on 3iQ’s history of firsts in the space. The company brought Canada’s first publicly traded Bitcoin and Ether funds—The Bitcoin Fund (TSX: QBTC) and The Ether Fund (TSX: QETH)—to market, and in 2023, it became the first in North America to integrate Ether staking into ETFs through its Ether Fund and 3iQ Ether Staking ETF (TSX: ETHQ).
The SOLQ launch adds to a growing suite of regulated investment products that combine digital asset access with traditional investment infrastructure. As the ETF becomes available to qualified investors globally (subject to local requirements), 3iQ expects SOLQ to appeal to both institutional and individual investors looking for diversified exposure in the digital asset space.
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