Ark Invest raises $16 million as Cathie Wood launches new private crypto fund

Aaryamann Shrivastava
Aaryamann Shrivastava

15 Mar 2023 9:43 PM

While the rest of the market is acting cautiously owing to the uncertainty in the crypto as well as the broader financial market, Cathie Wood is takin...

  • Cathie Wood's Ark Invest launched a new crypto fund called "ARK Crypto Revolutions Fund".
  • The fund raised over $16.1 million in 15 days since March 1.
  • The fund is a private placement and not available to the general public.
  • Ark Invest added 301,437 shares of Coinbase stock to its ARK Innovation ETF and 52,525 shares to its Next Generation Internet ETF.

The article has a positive sentiment towards Cathie Wood's Ark Invest and its new crypto fund, despite the uncertain market conditions. The author also highlights the success of the fund's fundraising efforts and Ark Invest's investment in Coinbase stock.

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Related Questions

What is the name of the new crypto fund launched by Ark Invest?
How much money did the fund raise in 15 days?
Is the ARK Crypto Revolutions Fund available to the general public?
What stock did Ark Invest heavily invest in over the last few months?
What is the total value of Ark Invest's recent purchase of Coinbase stock?

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