Cathie Wood's ARK Invest Buys Over 300,000 Shares of a Bitcoin Play

Investing

Published: July 20, 2021 9:15 am

Last Updated: July 20, 2021 9:20 am

One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a sizable purchase on Monday. The fund bought over 300,000 shares of Grayscale Bitcoin Trust (GBTC), as the price of this ETF was relatively flat on the day. Note that this fund is still up significantly in the past year.

Specifically, ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 310,067 shares of Grayscale’s Bitcoin Trust. At Monday’s closing price, this would have valued this purchase at roughly $7.8 million. Even though this is a small fraction of the fund’s total holdings, every little bit counts. The fund is up 51% in the past year.

Here’s a look at all the other purchases across the ARK ETFs:

Fund	Ticker	Company	Shares
ARKF	COIN	COINBASE GLOBAL INC	22,900
ARKG	VERV	VERVE THERAPEUTICS INC	58,700
ARKG	SGFY	SIGNIFY HEALTH INC	74,630
ARKG	RPTX	REPARE THERAPEUTICS INC	5,395
ARKG	QSI	QUANTUM-SI INC	126,412
ARKG	INCY	INCYTE CORP	213,550
ARKK	IRDM	IRIDIUM COMMUNICATIONS INC	21,773
ARKK	FATE	FATE THERAPEUTICS INC	92,286
ARKK	BEAM	BEAM THERAPEUTICS INC	1,335
ARKQ	BLDE	BLADE AIR MOBILITY INC	26,056
ARKQ	MKFG	MARKFORGED HOLDING CORP	98,410
ARKQ	MGA	MAGNA INTERNATIONAL INC	89,100
ARKW	U	UNITY SOFTWARE INC	117,102
ARKW	CND	CONCORD ACQUISITION CORP	513,289
ARKW	COIN	COINBASE GLOBAL INC	48,977
ARKW	GBTC	GRAYSCALE BITCOIN TRUST BTC	310,067
ARKW	KVSB	KHOSLA VENTURES ACQUISITION CO II	578,332
ARKW	PATH	UIPATH INC	148,442
ARKX	AVAV	AEROVIRONMENT INC	9,700
ARKX	BLDE	BLADE AIR MOBILITY INC	172,316

Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.

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