Mr. Pascal St-Jean reports

3IQ BECOMES CANADA'S LARGEST SOLANA ETF FOLLOWING LAUNCH WITH AUM OF C$90 MILLION

After the first two days of trading on the Toronto Stock Exchange, 3iQ Solana Staking ETF has amassed $90-million.

3iQ Solana launched last week with a 0-per-cent management fee for the first 12 months, making it among the most competitively priced digital asset exchange-traded funds available. The ETF invests in long-term holdings of solana purchased from leading digital asset trading platforms and over-the-counter counterparties, and will also provide investors with attractive staking rewards through partnerships with leading validators Figment and Twinstake.

"We are thrilled to see such outstanding results after our Solana Staking ETF's two days of trading," said Pascal St-Jean, president and chief executive officer of 3iQ. "This impressive result is a testament to how 3iQ attracts some of the best-known names in digital asset investment, such as SkyBridge Capital, and demonstrates the transparency, operational efficiency and high-growth potential we can provide to both institutional and retail investors seeking direct exposure to solana."

This is the latest milestone in 3iQ's continuing record as a trailblazer in delivering fully regulated, digital asset investment products. These include Canada's first publicly traded bitcoin and ether funds, The Bitcoin Fund and The Ether Fund. In October, 2023, Ether Fund and 3iQ Ether Staking became the first exchange-traded products in North America to incorporate staking ether into their investment strategies.