ARK Invest Invests in Solana Staking via Canadian ETFs

ARK Invest, a leading investment firm, has taken a major step forward by integrating Solana staking into two of its U.S.-based exchange-traded funds (ETFs). This strategic move, facilitated through a Canada-registered product, saw ARK acquire 500,000 shares in the ARK Next Generation Internet (ARKW) and ARK Fintech Innovation (ARKF) ETFs. The investment leverages the 3iQ Solana Staking ETF (SOLQ), which offers exposure to Solana’s staking rewards and price movements on the Toronto Stock Exchange, thanks to its approval from the Ontario Securities Commission.