Sol Strategies has announced a CAD $25 million investment in the Solana ecosystem. CEO Leah Wald expressed surprise at the amount of developer activity and enthusiasm for Solana. However, she is skeptical about the approval of a Solana ETF in the US, believing that it will take time for regulators to become educated about the cryptocurrency. Wald believes that Canada's 3iQ is likely to approve a Solana ETF before the US due to the country's more crypto-friendly regulatory environment. She also suggests that the changing leadership at the SEC may influence the approval process for crypto ETFs.



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