Ark Invest Invests in Solana, Adding Stake to Technology ETFs

Ark Invest, led by Cathie Wood, has taken a bold step into the Solana ecosystem. The firm’s strategic move involves investing in two technology-focused investment vehicles through its newly launched Solana Staking ETF, “SOLQ.” This initiative signals growing confidence in Solana’s potential for the future. 237,500 shares of SOLQ were recently added to Ark Invest’s ARK Next Generation Internet ETF (ARKW) and the ARK Fintech Innovation ETF (ARKF), indicating strong investor interest in Solana’s core features and technological infrastructure. This step brings increased visibility for Solana among prominent US investment funds.