The 3iQ Solana Staking ETF has made a notable impression, gaining 18% in value during its debut week. This growth comes as Cathie Wood-led Ark Invest emerges as a prominent buyer of the ETF, highlighting the firm’s confidence in Solana’s future.

The new exchange-traded fund allows investors to gain exposure to the price movements of Solana while simultaneously generating passive rewards through staking. With Solana rapidly gaining traction in the crypto market, this ETF is set to attract significant investor interest.