Ark Invest Adds Staked Solana to Two ETFs
Ark Invest adds 3iQ's Solana Staking ETF (SOLQ) to ARKW and ARKF, expanding its crypto exposure.
- Ark Invest adds 3iQ’s Solana ETF (SOLQ) to ARKW and ARKF.
- This marks Ark’s first exposure to staked Solana assets.
- The move signals growing confidence in Solana’s ecosystem.
Ark Invest Doubles Down on Crypto with Solana ETF Addition
Ark Invest, led by renowned investor Cathie Wood, has made a bold move by adding exposure to Solana through shares of Canada’s 3iQ Solana Staking ETF (SOLQ). The shares have been incorporated into two of Ark’s popular funds: the Ark Next Generation Internet ETF (ARKW) and the Ark Fintech Innovation ETF (ARKF).
This decision represents a significant step as it’s Ark’s first recorded investment into a staked Solana product, indicating a growing interest in the broader staking economy beyond Ethereum.
What Is the 3iQ Solana Staking ETF?
The 3iQ Solana Staking ETF (SOLQ) is a Canadian-listed exchange-traded fund that offers investors exposure to Solana’s native token (SOL) while also generating passive income through staking. Staking allows token holders to earn rewards by helping to secure the Solana network.
By adding SOLQ, Ark’s funds are not just holding Solana but actively participating in its ecosystem—earning yield from staking rewards and showing faith in Solana’s long-term viability.
What This Means for the Crypto Market
Ark Invest’s move is likely to boost investor confidence in Solana and staking-based assets. Known for being early adopters in the crypto investment space, Ark’s strategic shift could encourage other institutional investors to explore similar staking products.
Moreover, the inclusion of SOLQ in Ark’s ETFs strengthens the narrative around diversifying crypto exposure within traditional investment vehicles. As the regulatory environment in the U.S. evolves, many firms are looking at international products—like Canada’s ETFs—to gain secure and regulated exposure to digital assets.
