ARK Invest has recently included staked Solana (SOL) in two of its exchange-traded funds (ETFs) in a move to gain exposure to the emerging blockchain technology. The two ARK funds, ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF), now hold shares of 3iQ’s Solana Staking ETF (SOLQ), a Canadian ETF that holds staked SOL. These ETFs are known for offering a diverse range of technology stocks, including prominent crypto-focused companies like Coinbase, Block, and Robinhood, along with various cryptocurrencies. By adding SOL ETF shares, ARK has become the first US-listed ETFs to provide exposure to Solana. The listing of Solana futures on the Chicago Mercantile Exchange (CME) suggests that US SOL ETFs are likely to follow soon. In Canada, 3iQ recently launched its Solana ETF following approval by the Ontario Securities Commission (OSC). Solana, the second most popular blockchain network after Ethereum, has a total value locked exceeding $7 billion. The US Securities and Exchange Commission (SEC) approved spot Ether ETFs for trading in the United States in July 2024. In a separate development, ARK partnered with 21Shares to introduce ARK 21Shares Bitcoin ETF (ARKB), a spot Bitcoin (BTC) fund with significant net assets. The partnership also planned to launch an Ether ETF but was dissolved before the fund could be launched. These initiatives signify the growing interest in blockchain technology and the increasing adoption of cryptocurrencies in the financial markets.