3iQ’s Solana ETF Lands Major Endorsement with $10 Million ARK Invest Backing

Key Highlights:

• ARK Invest’s ARKW and ARKF funds invest over $10M in 3iQ’s Solana Staking ETF (SOLQ)
• SOLQ becomes first North American ETF offering Solana staking rewards exposure
• 3iQ cements leadership in digital asset innovation with $120M AUM milestone

In a significant vote of confidence for the future of blockchain infrastructure, 3iQ Corp. ("3iQ") has announced that ARK Invest — the innovation-focused firm helmed by Cathie Wood has invested over $10 million into its Solana Staking ETF (TSX: SOLQ, SOLQ.U).

The investment, made through the ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF), marks the first instance of U.S.-listed ETFs gaining exposure to Solana’s price performance and staking rewards. The development underscores growing institutional recognition of Solana as a high-performance blockchain platform suited for decentralized applications and finance.

"Welcoming ARK Invest as an investor is a major milestone," said Pascal St-Jean, President and CEO of 3iQ. "Their backing reflects not only confidence in Solana's potential but also validates 3iQ’s continued leadership in creating forward-thinking digital asset products."

Launched on April 16, 2025, SOLQ already boasts over CAD $120 million in assets under management, making it the largest Solana ETF available. Structured with a 0% management fee for the first 12 months, SOLQ offers qualified investors globally a compelling opportunity to participate in both Solana’s growth and its staking economics — something currently unavailable via U.S. ETFs.

Cathie Wood reinforced ARK’s bullish outlook: "Solana represents a dynamic blockchain infrastructure primed for decentralized innovation. 3iQ’s ETF offers a structure aligned with our mission to democratize access to transformative technologies."

Founded in 2012, 3iQ has steadily positioned itself as a digital asset pioneer. Notably, it launched the world’s first regulated Bitcoin and Ethereum exchange-traded products (ETPs) and was first in North America to integrate staking rewards into its Ether ETP strategy. The company’s innovative streak attracted a majority investment from Japan’s Monex Group in 2024, further strengthening its global footprint.

As traditional and digital finance worlds converge, 3iQ’s success with SOLQ highlights the accelerating demand for sophisticated, regulator-friendly crypto investment vehicles and cements Canada's growing influence as a hub for digital asset innovation.