ARK Invest integrates Canada’s 3iQ Solana Staking ETF into its crypto funds
- ARK funds ARKW and ARKF have added Solana exposure through 3iQ’s Solana Staking ETF.
- The funds are the first US-listed ETFs to offer Solana staking exposure.
- SOL is down 0.4% on Monday following the announcement.
Asset manager ARK Invest announced on Monday that it added exposure for Solana staking to its ARK Next Generation Internet (ARKW) exchange-traded fund (ETF) and ARK Fintech Innovation ETF (ARKF) through an investment in Canada’s 3iQ Solana Staking ETF (SOLQ).
ARK funds add Solana staking exposure after investment in SOLQ
Ark Invest’s ARKW and ARKF ETFs added Solana to their token offerings through a $5.2 million investment to purchase 500,000 of 3iQ’s Solana Staking ETF (SOLQ) shares. As a result, the funds are…
