Bloomberg Senior ETF Analyst Eric Balchunas shared that four asset managers are set to launch spot Solana ETFs in Canada on Wednesday.

Solana (SOL) rebounds 40% from $95 low, reaching $131 amid ETF optimism and growing on-chain activity with 74.8 million active addresses.

Slated for April 16, 2025, this move puts Canada ahead of the curve in the crypto ETF race. Major players Purpose, Evolve, CI, and 3iQ lead the charge.

Canada launches world's first staking-enabled spot Solana ETFs on April 16, continuing its leadership in crypto investment products ahead of US regulators.

Canada will launch North America's first spot Solana ETFs with staking on April 16, following OSC approval of four issuers. The post Canada Readies Solana ETF Rollout as Regulators Give Go-Ahead appeared first on Cryptonews.

Canada has outpaced the U.S. with the launch of staking-enabled spot Solana ETFs as interest globally continues to build.

Canada approves Solana spot ETFs with staking features, boosting investor returns.

A massive Solana (SOL) transaction has caught the crypto markets attention, with over $105 million worth of SOL moved between unknown wallets in just minutes. According to Whale Alert, 790,427 SOLvalued at $105,406,581was transferred anonymously, sparking speculation about its purpose and potential market implications.

A closely followed trader believes that the layer-1 protocol Solana (SOL) may have just flashed a strong bullish reversal signal. Pseudonymous trader Inmortal tells his 231,500 followers on the social media platform X that Solana appears to have set a massive bear trap earlier this month when the price of SOL briefly dropped below $100.

The liquidation heatmap of Solana showed that the $150 resistance would likely be challenged soon.

Solana is currently struggling to reclaim a key point of control within its trading range, leading to a weak rejection and signs of bearish compression.

Canada approves Solana spot ETFs, includes staking for higher yields.

Spot Solana exchange-traded funds (ETFs) are set to launch in Canada on April 16, according to Bloomberg analyst Eric Balchunas. In an X post on April 14, the analyst shared a private client note from TD Bank, a Canadian financial institution, claiming the Ontario Securities Commission (OSC) greenlighted asset managers Purpose, Evolve, CI and 3iQ to issue ETFs holding Solana (SOL).

Canada and the United States have taken divergent paths in their regulatory approaches to crypto-based exchange-traded funds (ETFs). Canada is reportedly getting ready to launch spot Solana ETFs, which will include staking via TD, this week after regulators gave the go-ahead to multiple issuers.

Solana's first spot exchange-traded funds in North America are set to go live this week in Canada. According to Eric Balchunas, senior ETF analyst at Bloomberg, Canada is ready to welcome its first spot Solana (SOL) spot ETFs.

Made in USA coins are gaining momentum this week, with Solana (SOL), Ondo Finance (ONDO), and Story Protocol (IP) standing out as top contenders. Solana leads the charge with a 30% rebound and renewed institutional interest.

After Bitcoin and Ethereum ETFs, Canada is all set to launch the world's first-ever spot Solana ETFs (Exchange-Traded Funds) on April 16, 2025, making it a big moment not just for Canada, but for the global crypto space.

Canada is poised to debut the world's first spot Solana exchange-traded funds (ETFs) on April 16 after the Ontario Securities Commission (OSC) approved listings from four major issuers: Purpose Investments, Evolve ETFs, CI Global Asset Management, and 3iQ.

Canada is set to launch the world's first spot Solana ETFs after receiving regulatory approval from the Ontario Securities Commission (OSC). The green light allows several issuers, including Purpose, Evolve, CI, and 3iQ, to list their Solana ETFs.

In a significant transaction reported on-chain, over $105 million worth of Solana (SOL) was moved in mere minutes, igniting interest in the crypto market.

Solana (CRYPTO: SOL) is pushing higher to start the week, extending a rebound from early April as momentum builds behind renewed ETF optimism and easing macro pressures. Price Action At the time of writing, Solana is trading at $132.11, up 3.76% over the last 24 hours, according to CoinMarketCap.

Fartcoin price has become one of the best-performing cryptocurrencies this month. It has surged by over 170% in the last 30 days, outperforming the stock market and top coins like Bitcoin and Ethereum.

Cardano founder Charles Hoskinson has unveiled ambitious plans for a new Cardano tool that he claims will rival Solana's transaction processing capabilities while maintaining full decentralization, addressing one of the most persistent criticisms of the Cardano network.

The crypto market has registered a marginal increase as most cryptocurrencies, including Bitcoin (BTC), remained steady over the weekend. The crypto market cap currently sits at $2.69 trillion.

XRP, Cardano (ADA), and Solana (SOL) tokens are exhibiting technical strength in a signal of potential short-term price recoveries, data indicates.

Most cryptocurrencies, including XRP (XRP) and Solana (SOL), had a good week as most tokens rallied following Donald Trump's decision to pause the implementation of higher tariffs on a big group of countries for at least 90 days.

Solana's SOL has rallied more than 20% against Ether (ETH) over the last seven days, and a trader is eyeing a potential breakout to $300, which would mark new all-time highs.SOL/ETH ratio hits highest weekly close The SOL/ETH ratio, which reflects the value of Solana in Ether, rose to 0.080 on April 13, marking the highest weekly close ever, according to data from Cointelegraph Markets Pro and Binance. The SOL/ETH trading pair has been forming higher highs on the daily chart since April 4, suggesting an uptrend is underway.

Solana's price declined sharply to begin April, declining 60% from its all-time high of $294.33 in mid-January. The sudden drop has raised concerns about the scalability and resilience of Solana, a leading meme coin ecosystem, and its native token $SOL, one of the top altcoins – but created an opportunity for Solaxy.

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.

Solana has surged by 40% since plummeting to a 12-month low of $95.23 on April 7, igniting renewed bullish sentiment in the derivatives market.

Solana price is on a bullish path after hitting a two-week high of $134 today, April 14. A top trader now believes that the ongoing SOL rally is in its early stages and forecasts a bull run past $300 after spotting a bullish setup on the CME futures chart.

XRP has once again reigned supreme against other top cryptocurrencies amid a $795 million outflow recorded in the digital assets space. Amid this, Ripple's coin recorded an inflow, defying the broader market trend, which also resulted in an outflux in Bitcoin, Ethereum, and Solana.

While global economies remain very uncertain going forward, the crypto market is beginning to coil up, and the U.S. stock market allowing, we could see a substantial surge into the Summer. Solana (SOL), Binance Coin (BNB), and Sui (SUI) are well placed to lead this resurgence.

Since the sentencing of former FTX CEO Sam Bankman-Fried (SBF), the assets linked to his portfolio have shown mixed performance, with Bitcoin (BTC) emerging as the only one to post positive returns.

Malware operations targeting holders of Ethereum, XRP, and Solana cryptocurrencies have been exposed by cybersecurity researchers. The threat attacks Atomic and Exodus wallet owners by using compromised software packages installed by developers unaware of the malware contained in the code.

Solana (SOL) stays under significant bearish pressure even as the crypto market recovers gradually after a notable drop over the past month. Intense market sell-offs last week caused SOL's stock to tumble about 10%. It has struggled to keep an optimistic momentum.

Solana stunned the cryptocurrency market in 2021 with an unexpected, explosive climb few analysts had imagined. Starting the year trading close to just $1, the token jumped to an all-time high of about $260 by November—a startling 25,000% growth in less than a year.

Solana price has bounced back in the past few days as activity in the network improved and as investors bought the dip. After falling to a low of $95.15 earlier this month, the SOL coin jumped to a high of $132 on Monday.

SOL is beginning to gain dominance over ETH.

The cryptocurrency market slipped by 1.56% in the past 24 hours on Sunday, pulling the global market cap down to $2.66 trillion as major assets saw mixed performance. Altcoins Diverge as Trading Volume Declines This week in crypto markets, bitcoin ( BTC) maintained its dominance, trading at $83,781 with a slight 1.

Solana crypto is regaining momentum. After a 47% drop since early March, SOL has just rebounded strongly, surpassing the critical threshold of 125 dollars.

Cybersecurity researchers have shared details of a malware campaign targeting Ethereum, XRP, and Solana. The attack mainly targets Atomic and Exodus wallet users through compromised node package manager (NPM) packages.

The Solana Policy Institute aims to reform DeFi's shadowy reputation and ensure the space remains forefront in the minds of policymakers.

Bears remain weak on the last day of the week, according to CoinStats.

Technical analysis showed that Solana was bearish on the higher timeframes, despite its strong price bounce over the past week.

Crypto prices had a mixed performance last week, with popular tokens like Onyxcoin, Fartcoin, Jasmy, Hyperliquid, and Helium soaring. Other altcoins like Tezos, EOS, Movement, Toncoin, and Ethereum crashed by double digits.

The price of Solana (SOL) has risen above the $100 support and broken above the 21-day SMA barrier.