ARK Invest Takes the Lead: First U.S.-Listed ETFs to Add Solana via SOLQ ETF
- ARK Invest expands its crypto portfolio by adding Solana exposure to ARKW and ARKF ETFs.
- Solana staking yields now accessible through 3iQ’s SOLQ ETF, diversifying ARK’s investments.
- In March, Solana-based ETFs launched, hinting at a shift towards proof-of-stake investments.
ARK Invest has expanded its cryptocurrency exposure by adding Solana (SOL) to two of its exchange-traded funds (ETFs). The ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF) have acquired shares in 3iQ’s Solana Staking ETF (SOLQ). This move represents a strategic shift for the asset manager.
As of April 21, ARK’s two funds include SOLQ, a Canadian ETF that provides exposure to staked Solana. The SOLQ ETF enables investors to earn staking yields from Solana without requiring direct asset management. This move marks ARK’s entry into the world of proof-of-stake assets, a departure from its previous focus on Bitcoin and Ethereum.
Related: Is Solana Set to Overtake Ethereum in 2025? A Record-Breaking Quarter Says Yes
ARKW and ARKF Portfolio Highlights
ARKW and ARKF are two …
The post ARK Invest Takes the Lead: First U.S.-Listed ETFs to Add Solana via SOLQ ETF appeared first on Coin Edition.
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ARK Invest Takes the Lead: First U.S.-Listed ETFs to Add Solana via SOLQ ETF
- ARK Invest expands its crypto portfolio by adding Solana exposure to ARKW and ARKF ETFs.
- Solana staking yields now accessible through 3iQ’s SOLQ ETF, diversifying ARK’s investments.
- In March, Solana-based ETFs launched, hinting at a shift towards proof-of-stake investments.
ARK Invest has expanded its cryptocurrency exposure by adding Solana (SOL) to two of its exchange-traded funds (ETFs). The ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF) have acquired shares in 3iQ’s Solana Staking ETF (SOLQ). This move represents a strategic shift for the asset manager.
As of April 21, ARK’s two funds include SOLQ, a Canadian ETF that provides exposure to staked Solana. The SOLQ ETF enables investors to earn staking yields from Solana without requiring direct asset management. This move marks ARK’s entry into the world of proof-of-stake assets, a departure from its previous focus on Bitcoin and Ethereum.
Related: Is Solana Set to Overtake Ethereum in 2025? A Record-Breaking Quarter Says Yes
ARKW and ARKF Portfolio Highlights
ARKW and ARKF are two …
The post ARK Invest Takes the Lead: First U.S.-Listed ETFs to Add Solana via SOLQ ETF appeared first on Coin Edition.
Read More