3iQ Corp., a subsidiary of Monex Group, Inc., today announced the launch of the 3iQ Solana Staking ETF (Ticker: SOLQ) on the Toronto Stock Exchange (TSX).

The largest unitholders in SOLQ will include industry stalwart SkyBridge Capital among other notable investors.

SOLQ launches with a 0% management fee for the first 12 months. The ETF invests in long-term holdings of Solana (SOL) purchased from leading digital asset trading platforms and over-the-counter (OTC) counterparties, and will also provide investors with attractive staking rewards.

Listing on the TSX will make SOLQ accessible to qualified investors globally, subject to local requirements.

“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 & CEO of 3iQ.

“As innovators in the digital asset investment management space, their support not only confirms the attractiveness of SOLQ, but also 3iQ’s position as a leader in the industry and demonstrates how our approach to well-constructed and risk managed fund solutions attracts the best-in-class investors to our products.”

SkyBridge is making a $50 million lead investment in the 3iQ Solana Staking ETF.