ARK Invest has added exposure to staked Solana (SOL) to the portfolios of two of its exchange-traded funds (ETFs), the asset manager said in a client email reviewed by Cointelegraph.
As of April 21, the two ARK funds — ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF) — now hold shares of 3iQ’s Solana Staking ETF (SOLQ), a Canadian ETF holding staked SOL, ARK said.
The two ARK funds are designed to offer broad exposure to emerging technologies, and comprise a mix a technology stocks — including crypto-focused companies such as Coinbase, Block, and Robinhood — and spot cryptocurrencies, according to ARK’s website.
According to ARK, adding the SOL ETF shares makes “ARKW and ARKF the first US-listed ETFs to gain exposure to Solana.”
In March, asset manager Volatility Shares launched two ETFs that offer exposure to SOL using financial