Gate News message, April 1, Cathie Wood’s ARK Investment Management plans to add OpenAI to three of its exchange-traded funds (ETFs): ARK Innovation ETF (ARKK), ARK Fintech Innovation ETF (ARKF), and ARK Next Generation Internet ETF (ARKW). The allocation to OpenAI for each fund is about 3%, for a total position size of roughly $240 million. Bloomberg ETF analyst Eric Balchunas said this is the 4th ETF to include exposure to a private company like OpenAI, and it won’t be the last, highlighting that demand from retail investors for allocations to popular unlisted tech companies is continuing to heat up. Previously, ARK only held OpenAI in its closed-end venture capital fund (ARK Venture Fund); this is the first time it has opened up exposure to an unlisted AI flagship to ordinary investors via a publicly traded ETF.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
