Key Takeaways
- • ARK Invest purchased 8,579 shares of the 3iQ Solana Staking ETF (SOLQ) on September 28, 2026, for approximately $85,500, extending a multi-day accumulation strategy in Solana exposure.
- • The fund executed three separate purchases across September 23–28, acquiring 5,589 shares (Sept. 23), 6,362 shares (Sept. 25), and 8,579 shares (Sept. 28), demonstrating sustained institutional conviction in Solana's network economics.
- • The 3iQ Solana Staking ETF, launched April 2025 and trading on the Toronto Stock Exchange under ticker SOLQ/SOLQ.U, provides regulated, institutionally accessible exposure to SOL token appreciation combined with staking reward participation.
- • ARK's accumulation reflects broader institutional adoption of crypto assets through traditional exchange-traded fund structures, signaling confidence in Solana's competitive positioning within the digital asset ecosystem.
Summary
Cathie Wood's ARK Invest has increased its allocation to Solana through a series of purchases of the 3iQ Solana Staking ETF during late September 2026. On September 28, ARK acquired 8,579 SOLQ shares valued at approximately $85,500, following earlier purchases of 6,362 shares on September 25 and 5,589 shares on September 23. The staged acquisition approach—totaling roughly 20,530 shares across the three-day period—indicates a deliberate portfolio-building strategy rather than a single opportunistic entry.
The 3iQ Solana Staking ETF represents an institutional-grade investment vehicle for accessing Solana's ecosystem. Trading on the Toronto Stock Exchange under the symbols SOLQ and SOLQ.U since its April 2025 launch, the fund combines direct SOL token exposure with integrated staking yield, effectively allowing traditional institutional investors to participate in Solana's network validation economics without managing the underlying token infrastructure or staking mechanics independently. This structure addresses a critical gap for regulated funds seeking compliance-friendly pathways into cryptocurrency markets.
ARK's repeated transactions during late September underscore the firm's conviction in Solana's growth trajectory and reflect a broader institutional trend toward accessing crypto assets through regulated, exchange-traded fund structures. The purchases come as cryptocurrency markets continue to mature and regulatory frameworks for digital asset ETFs expand globally, particularly following the approval of staking features within crypto-focused ETFs. ARK's actions signal confidence not only in Solana's technical and competitive positioning but also in the durability of institutional demand for compliant crypto exposure vehicles.
The 3iQ Solana Staking ETF represents an institutional-grade investment vehicle for accessing Solana's ecosystem. Trading on the Toronto Stock Exchange under the symbols SOLQ and SOLQ.U since its April 2025 launch, the fund combines direct SOL token exposure with integrated staking yield, effectively allowing traditional institutional investors to participate in Solana's network validation economics without managing the underlying token infrastructure or staking mechanics independently. This structure addresses a critical gap for regulated funds seeking compliance-friendly pathways into cryptocurrency markets.
ARK's repeated transactions during late September underscore the firm's conviction in Solana's growth trajectory and reflect a broader institutional trend toward accessing crypto assets through regulated, exchange-traded fund structures. The purchases come as cryptocurrency markets continue to mature and regulatory frameworks for digital asset ETFs expand globally, particularly following the approval of staking features within crypto-focused ETFs. ARK's actions signal confidence not only in Solana's technical and competitive positioning but also in the durability of institutional demand for compliant crypto exposure vehicles.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.