12:17 PM EDT, 04/29/2025 (MT Newswires) -- 3iQ, a global provider of digital asset investment solutions, on Tuesday announced that ARK Invest(ARK) has invested over $10 million into its 3iQ Solana Staking ETF (SOLQ.TO).

A statement noted that the investment through the ARK Next Generation Internet ETF (ARKW) and the ARK Fintech Innovation ETF (ARKF) makes ARKW and ARKF the first U.S.-listed ETFs to gain exposure to Solana, a public blockchain, and the network's staking rewards.

SOLQ was launched on April 16 on the Toronto Stock Exchange.

"We are delighted to welcome Cathie Wood's ARK Invest as investors in 3iQ's Solana Staking ETF," said 3iQ's Chief Executive Officer Pascal St-Jean. "Attracting such like-minded innovators in investment management is a ringing endorsement of our leading product. Providing both institutional and qualified investors around the world with exposure to technologies that are reshaping the financial and digital ecosystem is what 3iQ is most passionate about."

"At ARK Invest, we seek to invest in technologies and ecosystems that we believe are poised to revolutionize the way the world works," said ARK Invest's Chief Executive Cathie Wood. "Solana represents a high-performance blockchain infrastructure with significant potential for decentralized applications and finance. Through 3iQ's Solana Staking ETF, we gain direct exposure to this growing network along with its staking economics, in a structure that aligns with our commitment to innovation and investor access."

Price: 16.08, Change: +0.03, Percent Change: +0.19