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ARK Invest increases crypto exposure via Solana ETF, Block, and Securitize buys
ARK Invest has increased its exposure to the cryptocurrency sector through several strategic purchases. The firm acquired a combined 7,115 shares of the 3iQ Solana Staking ETF across its ARK Next Generation Internet ETF and ARK Fintech Innovation ETF.
In addition to the Solana ETF, ARK Invest purchased approximately 192,000 shares of Block, providing exposure to Bitcoin via Cash App. The firm also added 189,796 shares of Securitize, a tokenization infrastructure company used by BlackRock’s BUIDL fund.
These moves come despite a decline in Solana’s decentralized finance total value locked (TVL), which fell from $8.19 billion to approximately $4.85 billion. While Solana ETF inflows had recently weakened, the firm continues to accumulate regulated investment products linked to staking rewards.
Entities
3iQ Solana Staking ETF · ARK Invest · Block · Securitize · Solana