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ARK Invest's Newest Crypto Fund Raises Over $163 Million

What is ARK Invest?

ARK Invest is an investment management firm that focuses on disruptive innovation. The firm offers investment solutions to investors seeking long-term growth potential. ARK's flagship fund, the ARK Innovation Fund (ARKK), has outperformed the S&P 500 Index by a wide margin since its inception in 2014. ARK Invest has become the defacto crypto fund manager by raising over $163 million for its crypto funds.

ARK's Crypto Funds

ARK Invest has launched two private crypto funds: the ARK 21Shares Bitcoin Fund and the ARK 21Shares Ethereum Fund. These funds provide investors with access to innovative alpha-generating strategies on bitcoin and ether futures. The funds are actively managed by ARK's team of experts and are designed to provide investors with long-term capital appreciation

The Future of Crypto

ARK Invest is bullish on the future of crypto. The firm believes that cryptocurrencies have the potential to revolutionize the global financial system. ARK's research suggests that cryptocurrencies are on the cusp of mass adoption and that they could eventually become a mainstream asset class.