The firm’s flagship ARK Innovation ETF (ARKK) acquired 5,264 shares of BitMine Immersion Technologies, a company currently operating as an Ethereum treasury. Valued at roughly $83,100 based on Friday's closing price of $15.79, the position constitutes a minor 0.0014% allocation within the fund. This purchase coincided with broader portfolio adjustments, including the divestment of shares in Strata Critical Medical, ATAI Life Sciences, and Elbit Systems.
Simultaneously, ARK’s Next Generation Internet (ARKW) and Fintech Innovation (ARKF) funds increased their stake in the 3iQ Solana Staking ETF (SOLQ.U). The two funds bought a combined 28,018 shares for approximately $168,400. This acquisition occurred as the Solana-based product saw its value dip 2.12% to close at $6.01. By utilizing this exchange-traded product, ARK gains exposure to Solana’s ecosystem and staking yields without holding the underlying digital assets directly. These transactions follow a larger week of activity for the firm, which included significant investments in Tesla and SpaceX, underscoring a persistent rotation into companies centered on artificial intelligence and digital assets.
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