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3iQ Solana Staking ETF
Symbol SOLQ
Shares Issued 7,475,000
Close 2025-04-28 C$ 16.05
Market Cap C$ 119,973,750
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3iQ Solana Staking backed by Cathie Wood's ARK Invest

2025-04-29 12:00 ET - News Release

Mr. Pascal St-Jean of 3iQ reports

3IQ SOLANA STAKING ETF SECURES INVESTMENT FROM ARK INVEST

3iQ Solana Staking ETF has attracted investment from ARK Invest, the prominent exchange-traded fund and investment management firm led by Cathie Wood. ARK has invested over $10-million cumulatively into 3iQ Solana Staking via the ARK Next Generation Internet ETF (ARKW) and the ARK Fintech Innovation ETF (ARKF). This investment marks a significant milestone, making ARKW and ARKF the first United States-listed ETFs to gain exposure to solana -- a public blockchain designed for decentralized applications -- and its staking rewards.

3iQ's 3iQ Solana Staking was selected by ARK as it uniquely provides access to both the price performance of solana and the network's staking rewards -- an investment profile not currently offered in U.S.-listed ETFs. This reflects 3iQ's continued leadership in Canada, a global hub for digital asset product innovation, allowing the firm to bring unique strategies like 3iQ Solana Staking to market.

Pascal St-Jean, president and chief executive officer at 3iQ, said: "We are delighted to welcome Cathie Wood's ARK Invest as investors in 3iQ's Solana Staking ETF. 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."

Cathie Wood, chief executive officer and chief investment officer of ARK Invest, said: "At ARK Invest, we seek to invest in technologies and ecosystems that, we believe, are poised to revolutionize the way the world works. 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."

Launched on April 16, 2025, on the Toronto Stock Exchange (TSX), 3iQ Solana Staking features a 0-per-cent management fee for the first 12 months, making it among the most competitively priced digital asset ETFs available. 3iQ Solana Staking invests in long-term holdings of solana purchased from leading digital asset trading platforms and over-the-counter (OTC) counterparties, and seeks to provide investors with attractive staking rewards. 3iQ Solana Staking is the largest solana ETF, having already amassed over $120-million in assets under management.

3iQ Solana Staking is available to qualified investors globally, subject to local regulations.

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