Solana ETF Soars to $186 Million AUM in Just One Month

A new Ethereum cryptocurrency exchange-traded fund (ETF) launched by 3iQ has achieved a remarkable milestone, attracting $186 million in assets under management (AUM) just one month after its listing. This rapid growth reflects strong market interest and institutional backing for Solana investments. The ETF’s success is attributed to several factors, including a low-fee structure, high staking rewards through partnerships with reputable validators like Figment and Twinstake, and increasing investor confidence in Solana’s potential.