Eric Balchunas (Eric Balchunas) Toronto-Dominion shared in the social network Xircular to the Toronto-Dominion bank, which states that the OSC Securities Commission approved the launch of several funds based on SOLANA (SOL). We are talking about products of companies such as P.URPOSE, EVOLVE, CI and 3IQ. It is emphasized that the funds will invest directly in cryptocurrency, and not in its derivatives. In addition, the regulator approved the streaming in the structure SOLANA-Etf.
In Canada there is no federal body that would supervise the securities market as a whole. This is done by local regulators. In the jurisdiction of the OSC, in turn, the Toronto Stock Exchange (TSX) is located, where funds of the funds will be traded.
According to the expert Bloomberg, you should not attach too much importance to the event-the total market value of two futures SOLANA-ETFs is less than recently neglected funds based on XRP.
Earlier, Santiment analysts reported that optimism is growing on social networks regarding the prospects of SOLANA, including the launch of treasury funds with profitability on the basis of this network.
Source: Bits
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