ARKK ETF Doubles Down on Crypto, Growing Holdings to Over 17%

ARK Innovation ETF, managed by Cathie Wood, has made a bold move by increasing its cryptocurrency holdings significantly, now accounting for over 17.7% of the portfolio. This significant shift reflects the fund’s belief in blockchain technology and its potential to reshape financial solutions. With investments spanning key crypto players like Coinbase, Robinhood, Circle, and Bullish, ARK Invest is strategically placing itself at the forefront of the burgeoning crypto landscape.