3iQ Unveils Innovative Staking ETF Fueled by SkyBridge Capital

Introducing the 3iQ Solana Staking ETF
The recent launch of the 3iQ Solana Staking ETF (TSX: SOLQ) represents a significant milestone in digital asset investment. This initiative, driven by extensive lead investments, sets 3iQ apart in the competitive landscape of regulated investment products. Known for introducing Canada’s initial public offerings for Bitcoin and Ether, including The Bitcoin Fund (TSX: QBTC) and The Ether Fund (TSX: QETH), 3iQ is redefining investment opportunities.
Cutting-Edge Features of the ETF
Beginning its trading journey on the Toronto Stock Exchange (TSX), the ETF is poised to capture widespread interest. SOLQ not only offers a 0% management fee for the first year but also features a strong focus on long-term Solana (SOL) holdings. The ETF provides a blend of acquisition from premier digital platforms and over-the-counter transactions, enabling access to substantial staking rewards for investors.
Strategic Backing and Support
SkyBridge Capital, a notable player in the investment space, is making a significant $50 million investment into the 3iQ Solana Staking ETF. Their endorsement is indicative of the growing confidence in digital assets as a viable investment category. Pascal St-Jean, President & CEO of 3iQ, expressed excitement about this partnership, emphasizing its relevance and the firm’s dedication to providing risk-managed investment solutions.
Maximizing Opportunities for Investors
Investors will benefit from a transparent and operationally efficient method to engage with Solana, an asset known for its high growth potential. The ETF aims to enhance total returns by providing passive rewards through staking. This strategy appeals to both institutional and retail investors seeking a secure investment vehicle in the digital asset sector.
Proven Leadership in Digital Assets
3iQ has established itself as a leader since its inception in 2012, trailblazing the path for digital asset investments. The company introduced innovative solutions like the Digital Assets Managed Account Platform (QMAP) and was the first to launch a Bitcoin exchange-traded product (ETP) on a major exchange. The strategic partnership with Monex Group in recent years bolstered its growth trajectory, solidifying its leadership in this up-and-coming sector.
About 3iQ Digital Asset Management
3iQ is recognized as a pioneer among global alternative digital asset managers, prioritizing institutional-grade investments. The firm has been pivotal in introducing regulated products in digital assets, making a considerable impact in how investors approach cryptocurrencies.
Frequently Asked Questions
What is the 3iQ Solana Staking ETF?
The 3iQ Solana Staking ETF is a digital asset investment fund that aims to offer exposure to Solana (SOL) while providing staking rewards to maximize returns.
Who are the primary investors in the ETF?
SkyBridge Capital, a prominent investment firm, is the lead investor, contributing $50 million to the fund.
How does staking work within this ETF?
The ETF invests in Solana and utilizes staking to generate income, allowing investors to earn rewards on their holdings.
Where is this ETF listed?
The 3iQ Solana Staking ETF is traded on the Toronto Stock Exchange (TSX) under the ticker symbol SOLQ.
What sets 3iQ apart in the digital asset market?
3iQ is renowned for its innovative and regulated digital asset investment products, marking significant milestones in the evolution of this financial sector.
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