ARK Invest buys $251K in BitMine and 3iQ Solana Staking ETF to boost crypto exposure
ARK Invest added about $251,500 in shares of BitMine Immersion Technologies and the 3iQ Solana Staking ETF across three of its ETFs, increasing its crypto-related holdings. The ARK Innovation ETF bought 5,264 BitMine shares worth $83,100, while the ARK Next Generation Internet and Fintech Innovation ETFs acquired 28,018 shares of the Solana staking ETF valued at $168,400. These moves reflect ARK's strategy to gain crypto exposure through public equities and ETFs rather than direct token purchases, amid ongoing portfolio adjustments in AI, healthcare, and technology sectors. Investors should see this as part of ARK's broader thematic investment approach, not a direct forecast on these assets.
ARK Invest added about $251,500 in shares of BitMine Immersion Technologies and the 3iQ Solana Staking ETF across three of its ETFs, increasing its crypto-related holdings. The ARK Innovation ETF bought 5,264 BitMine shares worth $83,100, while the ARK Next Generation Internet and Fintech Innovation ETFs acquired 28,018 shares of the Solana staking ETF valued at $168,400. These moves reflect ARK's strategy to gain crypto exposure through public equities and ETFs rather than direct token purchases, amid ongoing portfolio adjustments in AI, healthcare, and technology sectors. Investors should see this as part of ARK's broader thematic investment approach, not a direct forecast on these assets.
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