Star stock picker Cathie Wood wants crypto exposure. And if she can’t get a Bitcoin exchange-traded fund in the U.S.—at least right now—she’s willing to look across the border to Canada.
Wood’s asset-management company, ARK Invest, tweaked the prospectus of the $5.7 billion ARK Next Generation Internet ETF (ticker: ARKW) so the fund can hold cryptocurrencies through Canadian ETFs, a filing with the Securities and Exchange Commission shows.
ARK didn’t respond to a request for comment. The ARK Next Generation Internet ETF....More>>>