Ark Invest Invests in Solana Through Canadian ETF

Ark Invest, led by Cathie Wood, has made its first foray into the Solana blockchain network through a strategic purchase of shares in 3iQ’s Solana Staking ETF. This move signifies a growing institutional interest in Solana and its potential for future growth. The investment represents Ark’s dedication to disruptive technologies and blockchain innovation. Cathie Wood, CEO of Ark Invest, has previously highlighted Solana’s speed and efficiency advantages over Ethereum, leading to increased market attention and price movement.