ARKK, ARKW, and ARKF, three ETFs under Ark Invest, are scheduled to trade on Cboe BZX at the end of March
According to ChainCatcher news reported by PR Newswire, ARK Investment Management plans to change the primary listing location of its three innovative ETFs from NYSE Arca, Inc. to Cboe BZX Exchange, Inc. The three funds are:
ARK Innovation ETF (ARKK): This flagship fund focuses on disruptive innovation across multiple sectors, providing investors with cutting-edge technologies that shape our future.
ARK Next Generation Internet ETF (ARKW): A dynamic fund that captures the evolution of the internet, including AI-driven advancements and blockchain technology.
ARK Fintech Innovation ETF (ARKF): A forward-looking fund targeting companies at the forefront of the fintech revolution.
ARK expects these ETFs to begin trading on Cboe BZX Exchange, Inc. around March 31, under their current stock symbols, but this date may change. No action is required from shareholders for this change.
Data from earlier this month shows that Coinbase is the sixth largest holding in ARKW, accounting for 6%, with a market value of approximately $99.01 million; additionally, ARKK increased its holdings of Coinbase shares by 29,353 this Thursday, making Coinbase the third largest holding in ARKK, accounting for about 71.4%.
