Canadian Solana ETFs to include staking, may face slow start

Solana’s negotiated fundraising funds in North America are expected to be posted this week in Canada.

According to Eric Balchunas, senior ETF analyst at Bloomberg, Canada is ready to welcome its first Solana spot (GROUND) ETF Spot.

The next FNB will offer investors access to funds that occupy long -term positions in soil, following the solara physical token.

The launch marks an important step, especially since the wider community of investors awaits the potential approval of ETF Spot for Solana and other altcoins in the United States.

Taking up online on April 16, 2025, the FNB of Solana listed in Canada will include features of features, according to analysts of analysts.

However, Balchunas warned that the launch could find it difficult to attract immediate traction, referring to the disappointing performance of FNB Solana Futures which recently made their debut in the United States.

“The 2x XRP already has more alms than the two ETF Solana and it was released afterwards,” he wrote on X. “I would not read a ton, but this is our first overview of the Alt Coin race.”

Canada saw the first Bitcoin spot (BTC) and Ethereum (Ethn) ETF, long before the American Commission for Securities and Exchange gave Greenlight for the US BTC and ETH ETF markets.

The soil funds that will be online in the country could also provide a similar model, with the SECOND Currently having several Altcoin ETF applications before it.

Besides Solana, other eTF Crypto long -awaited include XRP, Litecoin and Cardano.