Ark Invest Gains First Exposure to Solana via 3iQ ETF
- Ark Invest has added exposure to Solana through the 3iQ Solana Staking ETF (SOLQ).
- The ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF) each purchased 237,500 shares of SOLQ.
- Canadian regulators approved the trading of the 3iQ SOL ETF earlier this month.
- This move marks Ark Invest as the first U.S.-based ETF to gain exposure to Solana.
Ark Invest’s acquisition of SOLQ shares signifies its first venture into Solana, aligning with broader cryptocurrency adoption trends. The Canadian-approved ETFs commenced trading on April 16, enhancing mainstream exposure for these crypto assets.
Source (2.6)https://coingape.com/cathie-woods-ark-invest-gains-first-exposure-to-solana-with-3iq-etf-bet/?rand=24432
