- ARK Invest adds Solana exposure through Canada’s SOLQ ETF showing rising institutional interest in crypto.
- Solana joins ARK’s ETF portfolios highlighting its growing role in blockchain investment strategies.
- Canadian crypto ETF approval gives U S firms indirect access to Solana while SEC delays domestic options.
ARK Invest has added Solana exposure for the first time. The asset manager made the move through Canada’s SOLQ ETF. This step marks ARK’s first direct investment in Solana via its U.S.-listed funds.
SOLQ Purchase Reflects Growing Interest
Both the ARK Fintech Innovation ETF (ARKF) and the ARK Next Generation Internet ETF (ARKW) added 237,500 SOLQ shares each. This inclusion places Solana alongside other crypto assets in ARK’s expanding digital portfolio. The 3iQ Solana Staking ETF (SOLQ) launched in Canada on April 16.
This move gives U.S. investors indirect exposure to Solana. It also adds a staking yield option, increasing appeal to long-term holders. ARK’s investment signals institutional confidence in Solana’s ecosystem.
Canada Leads ETF Innovation
Canadian regulators recently approved several crypto ETFs. These include funds from Purpose, CI, Evolve, and 3iQ. Their timely launch helped drive international attention, especially among U.S. firms lacking domestic options.
The Canadian approval of SOLQ has created a bridge for U.S. investors seeking Solana access. Unlike the U.S., Canada currently leads in regulated crypto fund products.
Solana Gains Momentum
Solana’s design prioritizes speed, low fees, and scalability. These features have positioned it as a preferred blockchain for institutional use. With 40% growth in developer activity over the past year, Solana’s fundamentals continue to strengthen.
ARK’s new position reinforces market sentiment that Solana may be next in line for a U.S. spot ETF. The current U.S. regulatory climate adds to this possibility.
Crypto Regulation Begins to Align
The shift in regulatory tone has allowed asset managers to take bolder steps. Recent approvals of spot Bitcoin and Ethereum ETFs have opened doors for others. Key regulatory bodies like the SEC, FDIC, and CFTC appear more aligned now.
Despite this, many firms remain cautious. Custody, security, and volatility concerns persist. Still, more fund managers are preparing for broader crypto inclusion.
Institutional Adoption Accelerates
Charles Schwab’s plan to launch crypto trading later this year reflects growing institutional momentum. The firm manages over $10 trillion in assets. Its entrance could add further credibility to the space.
Solana’s performance and new financial products have caught investor interest. The combination of rising usage, staking returns, and ARK’s involvement is accelerating its institutional adoption.
More firms are expected to follow ARK’s lead. Canada’s SOLQ may remain the only gateway until U.S. regulators approve a spot Solana ETF.
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