ARK Investment establishes a new fund, allowing users to gain cryptocurrency risk exposure by investing in GBTC

Chain Catcher news, investment advisory giant ARK Investment Management LLC announced the launch of a new fund, the ARK Venture Fund, which is a regulated public fund and will be available on the investment platform Titan, with a minimum investment of only $500, allowing any individual investor in the U.S. to participate without qualification or certification thresholds.

According to reports, the ARK Venture Fund stated in its prospectus that the fund can gain indirect exposure to cryptocurrencies by investing in privately offered open-ended investment vehicles, such as the Grayscale Bitcoin Trust product GBTC. (Source link)