ARK Invest Invests Directly in Solana via ETF

ARK Invest, led by Cathie Wood, has made its first direct investment in Solana through a Canadian-listed exchange traded fund (ETF). This move marks a significant shift for the firm, which previously focused on Bitcoin and Ethereum. 237,500 shares of the 3iQ Solana Staking ETF (SOLQ) were added to two of ARK Invest’s funds, ARKF and ARKW, enabling exposure to SOL via a regulated product that also offers staking rewards.