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ARK Invest Adds Staked Solana to ETFs After Canada’s Greenlight, Boosting Institutional Crypto Confidence

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Joe M
  • ARK Invest has added exposure to staked Solana through Canadian-listed ETFs, marking the first U.S.-listed funds to do so.
  • This move signals growing institutional confidence and sets the stage for broader Solana adoption amid rising DeFi activity and bullish price forecasts.

In a landmark move signaling deepening institutional confidence in Solana, ARK Invest has become the first U.S.-based asset manager to add exposure to staked Solana (SOL) via its thematic ETFs. The innovation-focused firm, led by Cathie Wood, announced the inclusion of Canadian-listed 3iQ’s Solana Staking ETF (SOLQ) in both the ARK Next Generation Internet ETF (ARKW) and the ARK Fintech Innovation ETF (ARKF).

Also read: Bitcoin vs Gold: Why BTC’s Surge Amid Dollar Weakness Could Define 2025 for Traders

This strategic decision closely follows Canada’s pioneering approval of spot Solana ETFs with staking, marking a pivotal moment for the digital asset industry. The Ontario Securities Commission’s (OSC) greenlight for staking-based funds has set a regulatory benchmark, one that contrasts sharply with the slower-moving U.S. Securities and Exchange Commission.

ARK’s indirect exposure through SOLQ not only positions it as a first mover in the U.S. ETF landscape but also strengthens the bullish outlook for Solana. With the network’s total value locked (TVL) now exceeding $7 billion—up from just $1 billion in early 2023—Solana is fast narrowing the gap with Ethereum, particularly in DeFi and NFT activity.

As institutional players like ARK Invest embrace Solana, analysts have started to revise their price forecasts upward. Crypto News Flash recently reiterated a bold prediction of $500 for SOL in 2025, with some experts even pointing to a potential surge to $2,000 if regulatory clarity continues to improve and ETF inflows accelerate.

At press time, Solana is trading at $138.31, reflecting a mild dip over 24 hours but maintaining a strong weekly gain of nearly 7%. With more firms likely to follow ARK’s lead, the groundwork is being laid for what could be a major breakout year for Solana—especially if the U.S. finally opens the door to direct staking-based ETF products.

As the lines between traditional finance and crypto continue to blur, ARK’s move may not just be a bet on Solana—it could be the spark that ignites the next wave of mainstream adoption.