ARK Invest Adds Solana (SOL) Staking ETF 'SOLQ' to Portfolio

Source
JH Kim

Summary

  • ARK Invest reported that it has newly added the 'SOLQ' ETF to its portfolio.
  • This ETF is said to be linked to Solana's price movements and staking yields.
  • SOLQ is designed to automatically reinvest staking rewards.

On the 21st (local time), according to cryptocurrency media outlet Cointelegraph, ARK Invest, led by Cathie Wood, has newly added the Solana staking ETF 'SOLQ (3iQ Solana Staking ETF)' to its 'ARK Next Generation Internet ETF (ARKW)' and 'ARK Fintech Innovation ETF (ARKF)'.

SOLQ is an exchange-traded product linked to Solana's price movements and native staking yields, designed to automatically reinvest staking rewards.

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JH Kim

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