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

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By Chris Lange Published
Cathie Wood’s ARK Invest Buys Over 180,000 Shares of Grayscale Bitcoin

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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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Photo of Chris Lange
About the Author Chris Lange →

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics.

Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications.

A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.

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