Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (1,278)
  • Analysis (1,470)
  • Bitcoin (2,048)
  • Blockchain (1,189)
  • DeFi (1,404)
  • Ethereum (1,411)
  • Event (55)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (1,448)
  • Press Releases (1)
  • Reddit (701)
  • Regulation (1,345)
  • Security (1,941)
  • Thought Leadership (2)
  • Uncategorized (1)
  • Videos (41)
Hand picked
  • Friday, Cronos challenges the cryptography market as an asset manager Canary Capital Files for Cro Etf
  • Tron analysts predict the next $ 0.30 rally, Unilabs crosses the DOGE volume
  • Crypto -money to explode, May 31 – Pocket Network, Aethir, Kucoin Token, Nexo
  • The Republicans of the American Chamber officially introduce a structural bill for the cryptographic market
  • The update of the Ethereum pectra meets expectations, the edges closer to Fusaka
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Market»Ark’s investment funds become the first American ETFs to add an exposure to Solana via the 3iq wake FNB
Market

Ark’s investment funds become the first American ETFs to add an exposure to Solana via the 3iq wake FNB

April 23, 2025No Comments4 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
F58ea68e702e4ec89b5ada735751b695.png
Share
Facebook Twitter LinkedIn Pinterest Email


Ark Invest, led by Cathie Wood, has become the first asset manager classified by the United States to expose itself to Solana via an ETF.

Ark Invest, led by Cathie Wood, has become the first asset manager classified by the United States to expose itself to Solana via an ETF. Two of its funds – The Ark Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF) – bought 237,500 shares each of the 3iq Solana ETF (Solq), which is listed in Canada. This investment follows the recent approval of Canadian regulators of several Solana ETFs, including 3iq, which began to negotiate on the Toronto Stock Exchange on April 16.

The 3iq Solana ETF allows investors to expose themselves directly to Solana while winning awards for staking. It is currently the only regulated investment vehicle of its kind for Solana available in North America. Although an ETF of Solana Spot has not yet been approved in the United States, this Ark decision marks an indirect method for American investors to access Solana via a side fund.

Solana is the second blockchain per total locked value (TVL), located more than $ 7 billion, behind the $ 45 billion in Ethereum. Known for its fast and low cost transactions, Solana has become one of the best blockchains for decentralized applications. Despite some breakdowns of past network, he continues to see an increasing adoption and an interest of the developers.

The ARK funds that have made the investment – ARKW and ARKF – are well -managed FNB focused on disruptive innovation and financial technology.

They already occupy positions in companies such as Coinbase, Robinhood and Block. By adding Solq, they expand their exposure to the crypto beyond Bitcoin and Ethereum. ARK also occupies positions in the FNB of Strike of 3iq and manages the ETF Ark 21Shares Bitcoin (ARKB), an ETF Bitcoin, listed in the United States which contains nearly $ 4 billion in assets.

This step reflects a broader trend in the increase in institutional interest for digital assets. Several traditional companies explore the crypto trading services, while additional crypto ETFs, including those of assets like XRP, Litecoin and Dogecoin, are currently being examined by American regulators. The launch of Solana Futures on the Mercantile Chicago Exchange has also raised expectations that an FNB of Solana side in the United States could be approved in the future.

Although regulatory uncertainty remains an obstacle in the United States, asset managers find bypass by supporting Canadian offers. The American regulatory environment has slowly evolved, with agencies such as dry, CFTC and FDIC to rationalize their approaches to digital assets. For the moment, the use by Ark of 3iq Solana ETF provides a legal path to obtain exposure to Solana, strengthening its position as an investment vehicle in major cryptography in traditional finance.

This article contains links to third -party websites or other content for information purposes only (“third -party sites”). Third -party sites are not under the control of CoinmarketCap, and CoinmarketCap is not responsible for the content of a third -party site, including without limiting any link contained in a third -party site, or any modification or update of a third -party site. CoinmarketCap provides you with these links only as convenience, and the inclusion of any link does not imply the approval, approval or recommendation by CoinmarketCap on the site or any association with its operators. This article is intended to be used and should be used for information purposes only. It is important to do your own research and analyzes before making important decisions related to one of the products or services described. This article is not intended to be and should not be interpreted as a financial advice. The opinions and opinions expressed in this article are the possessions (of the company) of the author and do not necessarily reflect those of CoinmarketCap.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleThe Defi loan protocols earn $ 2.3 billion on TVL, supplying the outperformance of the tokens
Next Article Dan Boyle de Bois Schiller on the regulatory reset of the crypto

Related Posts

Market

The Republicans of the American Chamber officially introduce a structural bill for the cryptographic market

June 1, 2025
Market

Congress deploys a new bill on the structure of the cryptography market – what does it really do?

May 31, 2025
Market

Cryptography market today: 5 bull catalysts to watch this bitcoin price goes higher

May 31, 2025
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Kenya to Host Africa’s Leading Blockchain & Crypto Conference in June 2025 

May 30, 2025

Nairobi, Kenya – May 2025 — Africa’s rapidly evolving blockchain ecosystem will take center stage…

Event

Crypto Vision Conference 2025: A Breakthrough Day for Web3 in the Philippines

May 29, 2025

Makati City, Philippines — April 26, 2025 — The AIM Conference Center was a hub…

1 2 3 … 48 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

Friday, Cronos challenges the cryptography market as an asset manager Canary Capital Files for Cro Etf

June 1, 2025

FTX Recovery Trust starts $ 5 billion for creditors

May 31, 2025

Trump Panic? The whale draws $ 4 million in the middle of the second warning of “no protection”

May 31, 2025
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2025 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 104,148.90
ethereum
Ethereum (ETH) $ 2,505.44
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.16
bnb
BNB (BNB) $ 654.45
solana
Solana (SOL) $ 154.74
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.189533
tron
TRON (TRX) $ 0.266152
cardano
Cardano (ADA) $ 0.677313