ARK Invest’s entry into staked Solana ETFs indicates increasing institutional trust and paves the way for wider acceptance. With Canada leading the way in regulations, U.S. approval could initiate a new phase in SOL’s price increase, fueled by the expansion of DeFi and ETF investments. According to the Solana Price Prediction for 2025, Crypto News Flash (CNF) noted that analysts have set an ambitious target of $1.853 for Solana (SOL). Solana has recently received further endorsement from institutional investors. ARK Invest, an asset management firm known for its focus on innovation and led by Cathie Wood, revealed that it has incorporated staked Solana (SOL) into two of its thematic exchange-traded funds (ETFs). According to a tweet from Solana Floor, ARKW and ARKF are the first U.S.-listed ETFs to include Solana in their asset mix. Additionally, this marks Cathie Wood’s first direct investment in Solana through the SOLQ ETF, a Canadian staking ETF for SOL.
BREAKING: Cathie Wood’s @ARKInvest makes its first direct @Solana investment via the SOLQ ETF, a Canadian-based SOL staking ETF. ARKW and ARKF have become the first-ever U.S.-listed ETFs to add Solana to their portfolios. – SolanaFloor (@SolanaFloor) on April 21, 2025. This advancement comes shortly after Canada’s approval of staking-based Solana ETFs, indicating an increasing institutional enthusiasm for Solana’s future potential. ARK Invest takes its initial step into the U.S. market with Staked SOL investments. A recent tweet from ARK Funds announced that both the ARK Next Generation Internet ETF (ARKW) and the ARK Fintech Innovation ETF (ARKF) have started investing in 3iQ’s Solana Staking ETF (SOLQ), which is listed in Canada and is supported by staked SOL. These ETFs are now the first in the U.S. to gain exposure to the Solana ecosystem through this Canadian fund. This development positions ARKW and ARKF as the pioneering U.S.-listed ETFs to indirectly integrate Solana investments via a product from Canada. The approval of staking in Canada has boosted confidence among institutional investors. Moreover, the Ontario Securities Commission (OSC) in Canada has recently granted approval for several spot Solana ETFs featuring staking, such as 3iQ’s SOLQ. This decision establishes a benchmark that differs from the more gradual regulatory developments in the U.S. Recent news indicates that this move into staking ETFs provides Solana with an additional advantage in its rivalry with Ethereum. Currently, Solana’s total value locked (TVL) sits at approximately $7.05 billion, significantly behind Ethereum’s $45 billion but quickly gaining ground, particularly in terms of decentralized exchanges and NFT activity. Implications for the price and future of Solana (SOL) are forthcoming. The influx of new capital into Solana through exchange-traded funds (ETFs) and staking initiatives is bolstering bullish sentiment around the cryptocurrency, suggesting it might soon receive U.S. approval for a direct spot Solana ETF. This aligns with CNF’s earlier report that experts have set Solana’s price target at $2,000, driven by regulatory clarity and increased participation from firms like ARK Invest in integrating Solana with traditional financial instruments. Currently, Solana (SOL) is priced at $138.31, showing a small decline of 1.85% over the last day, but up by 6.95% for the week.
