ARK adds staked Solana to two tech ETFs

From Cointelegraph

April 21, 2025 2:34:00 pm:

ARK Invest has included staked Solana in two of its ETF portfolios, making them the first US-listed ETFs with exposure to Solana. Solana ETFs are still awaiting approval by US regulators, but experts predict they will be approved soon. Solana is the second most popular blockchain network after Ethereum, with over $7 billion total value locked.

The recent listing of Solana futures on the CME suggests that US Solana ETF listings are imminent. 3iQ launched a Solana ETF in Canada after approval by the OSC. Solana has over $7 billion in total value locked, compared to Ethereum’s $45 billion. The SEC authorized spot Ether ETFs to trade in the US in July 2024. ARK has a spot Bitcoin fund with nearly $4 billion in net assets and dissolved a partnership for an Ether ETF in June.

Read more at Cointelegraph: ARK adds staked Solana to two tech ETFs