3iQ Launches Solana Staking Exchange-Traded Fund SOLQ with Approximately $50 Million Support from SkyBridge Capital

Digital asset investment solutions provider 3iQ announced the launch of the Solana Staking Exchange-Traded Fund SOLQ with support from institutions including SkyBridge Capital (SkyBridge will invest $50 million in the 3iQ Solana Staking ETF). The ETF plans to purchase SOL from digital asset trading platforms and over-the-counter trading counterparties for long-term holding. It is scheduled to begin trading today on the Toronto Stock Exchange (TSX), and it is reported that its management fee for the first 12 months will be 0%.