ARK Invest Boosts Solana Exposure with $85,500 ETF Purchase

Cathie Wood's ARK Invest continues to expand its exposure to Solana through the 3iQ Solana Staking ETF. On September 28, the firm purchased 8,579 SOLQ shares for approximately $85,500.

This move follows additional SOLQ acquisitions on September 23 and 25, showing that ARK's recent exposure to Solana is building momentum.

The 3iQ Solana Staking ETF provides investors with a regulated vehicle to participate in Solana's growth by combining direct SOL exposure with staking rewards.