Cathie Wood’s ARK Invest Buys Over 180,000 Shares of Grayscale Bitcoin
One of Cathie Wood's Ark Invest funds bought over 180,000 shares of Grayscale Bitcoin on May 25.
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 |
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Catherine Wood, the CEO and CIO of ARK Investment Management LLC, is a minority and nonvoting shareholder of 24/7 Wall St., owner of 247wallst.com.
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Chris Lange is a financial and geopolitical writer with more than a decade of experience covering a myriad of topics. He has published thousands of articles for 24/7 Wall St., with past coverage focused heavily on stocks, IPOs, healthcare, defense, global affairs, and technology.
His work has been quoted, or referenced by a number of outlets including Business Insider, USA Today, Yahoo Finance, MSN, The Motley Fool, and many other publications. A graduate of Southwestern University, he studied business with a focus on investments and has previous experience in banking and startups.
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