ARK Invest has increased its exposure to staked Solana by adding shares of 3iQ’s Solana Staking ETF (SOLQ) to the portfolios of its ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF). With this addition, these ARK funds become the first US-listed ETFs to gain exposure to Solana, leveraging Canada’s recently approved staking feature for crypto funds. Both ETFs target emerging technologies and include a range of technology stocks, alongside spot cryptocurrencies. The addition of the SOL ETF follows an expansion in derivatives connected to Solana, such as the recent listing of Solana futures on the Chicago Mercantile Exchange. Experts note that interest in staking and derivatives for Solana may increase as regulatory landscapes evolve, particularly after various spot ETFs for cryptocurrencies have seen movement towards approval within the US. Solana has established itself as a leading blockchain, holding a significant position behind Ethereum in terms of overall market activity and total value locked (TVL).

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