Investing

Cathie Wood's ARK Invest Buys Over 180,000 Shares of Grayscale Bitcoin

SlavkoSereda / iStock via Getty Images

One of ARK Invest exchange-traded funds run by ETF star Cathie Wood bought over 180,000 shares of Grayscale Bitcoin Trust (NYSEARCA: GBTC) shares altogether on Tuesday, as the price of this ETF was up around 0.8% in Tuesday’s session. This fund is up a fair amount in the past year.

ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 181,995 shares of Grayscale Bitcoin. At Tuesday’s closing price, this would have valued this purchase at roughly $5.7 million. This is only a small fraction of the total holdings. ARKW is up 85% in the past 52 weeks.

Check out all of ARK Invest’s buys for Tuesday:

Fund Ticker Company Shares
ARKF 4689JP Z HOLDINGS CORP 1,076,800
ARKF KSPILI KASPI.KZ JSC 4,918
ARKF DKNG DRAFTKINGS INC 121,537
ARKG RPTX REPARE THERAPEUTICS INC 8,755
ARKG MASS 908 DEVICES INC 4,237
ARKG DRNA DICERNA PHARMACEUTICALS INC 98,069
ARKG CMLF CM LIFE SCIENCES INC 100
ARKG CMIIU CM LIFE SCIENCES II INC 100
ARKG CDXS CODEXIS INC 36,907
ARKQ SPFR JAWS SPITFIRE ACQUISITION CORP 11,325
ARKQ IRDM IRIDIUM COMMUNICATIONS INC 62,475
ARKQ AONE ONE 15,035
ARKQ ACIC ATLAS CREST INVESTMENT CORP 129,475
ARKW VUZI VUZIX CORP 144,030
ARKW TWTR TWITTER INC 245,260
ARKW GBTC GRAYSCALE BITCOIN TRUST BTC 181,995
ARKX U UNITY SOFTWARE INC 48,800
ARKX BLDE BLADE AIR MOBILITY INC 34,900

Catherine Wood, the CEO and CIO of ARK Investment Management LLC, is a minority and nonvoting shareholder of 24/7 Wall St., owner of a673b.bigscoots-temp.com.

The #1 Thing to Do Before You Claim Social Security (Sponsor)

Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.

A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.

Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.

 

Have questions about retirement or personal finance? Email us at [email protected]!

By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.

By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.