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Canada Pioneers Solana ETFs, Opening New Avenues for Crypto Investment

With their new measures, Canada has taken a strong stance in the cryptocurrency industry. It was the first to launch Solana (SOL) spot exchange-traded funds (ETFs) with staking capabilities. Today, the Ontario Securities Commission (OSC) approved the move. As a result, retail and institutional investors alike can enjoy Solana’s robust...

Justin Sun Aims for TRX ETF Amidst Market Surge

Just this week, TRON founder Justin Sun put that speculation to bed when he announced plans for a TRX spot exchange-traded fund (ETF). This decision has sparked enthusiasm throughout the crypto landscape. Indeed, it’s worth mentioning that the TRX token earlier this week overtook Cardano’s ADA token to become the...

Hong Kong's Ether ETFs Embrace Staking After Regulatory Shift

Huaxia Fund, a wholly-owned subsidiary of China Asset Management (ChinaAMC), is about to roll out staking services for its Ether exchange-traded fund (ETF). This latest action follows a similar policy reversal from Hong Kong’s Securities and Futures Commission (SFC) earlier this month. The SFC amended those regulations on April 7....

Figment Powers 3iQ's SOLQ ETF with Secure Solana Staking Infrastructure

Figment, one of the industry’s largest staking providers, provides the infrastructure for 3iQ’s SOLQ ETF. This recently launched exchange-traded fund (ETF) provides an easy way for investors to earn Solana staking rewards. Figment does out offering of mission-aligned, dedicated infrastructure and expertise. This backing enables 3iQ to provide a trusted...

Canary Capital Ventures Into Tron with First-of-Its-Kind Staked TRX ETF Filing

With its groundbreaking approach to investment strategy, Canary Capital is quickly disrupting the traditional crypto investment landscape. This week the U.S. based, Tron (TRX) first and only exchange-traded fund (ETF) including staking. The new Canary Staked TRX ETF would offer investors a unique opportunity to gain exposure to the spot...

Canary Capital's Tron ETF Filing Sparks Debate Amid SEC Staking Concerns

Canary Capital is the latest to file for a staked Tron (TRX) exchange-traded fund (ETF). This development created much excitement and debate in the cryptocurrency world as the SEC now works through corresponding applications for staked Ether (ETH) ETFs. The proposed ETF would use CoinDesk Indices to track TRX’s spot...

Solana Briefly Edges Out Ethereum in Staked Value Amid Security Concerns

Solana briefly overtook Ethereum in total staked dollar value on April 20, an achievement largely propelled by its much-ballyhooed high staking yield. Solana has one of the highest staking participation rates at around 65%. These comparisons, while exciting, should come with a warning to temper expectations by directly comparing Ethereum’s...

Solana Overtakes Ethereum in Staking Market Cap Amid Liquidity Concerns

Solana has in recent days flipped Ethereum’s staking market cap, hitting $53.15 billion. This milestone is largely attributed to Solana’s staking yield being much higher and its staking ratio vs. Ethereum. Despite being the second-largest blockchain by staking ratio, controversy has surrounded the blockchain on concerns regarding liquidity in its...