The SEC could allow half a dozen or more such funds to launch at once, Ark Invest CEO says
ARK Invest has been busy stacking Coinbase stock, but does it really make up more of its overall portfolio?
Modular blockchains, as opposed to monolithic blockchains, are, in theory, highly scalable because of their segmented nature
Ark Invest, which once labeled Coinbase as an attractive long-term play, sold the exchange’s shares from three of its ETFs
Insiders at major companies such as Coinbase and MicroStrategy seem eager to capitalize on a potential crypto rebound
Proposed product would invest in the public, privately placed or restricted securities of companies involved in “disruptive innovation,” including blockchain companies and bitcoin
Planned product comes less than a week before SEC set to make rulings on similar planned offerings.
Fund group’s $21B portfolio allocates 5% of its assets to the crypto exchange.
Ark Invest is the largest holder of Grayscale’s Ethereum Trust.
There are no guidelines set by the SEC regulating what funds can be labeled ESG, meaning issuers can select any holdings, and investors looking to do good should check under the hood.