TechFlow news — On March 16, according to PR Newswire, ARK Investment Management plans to change the primary listing venue for its three innovation-focused ETFs from NYSE Arca, Inc. to Cboe BZX Exchange, Inc. The three funds are:
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ARK Innovation ETF (ARKK): The flagship fund focuses on disruptive innovation across multiple sectors, offering investors exposure to cutting-edge technologies shaping our future.
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ARK Next Generation Internet ETF (ARKW): A dynamic fund capturing the evolution of the internet, including AI-driven advancements and blockchain technology.
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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. under their current ticker symbols around March 31, although this date may be subject to change. No action is required by shareholders.
Data earlier this month showed that Coinbase was the sixth-largest holding in ARKW, accounting for 6% with a market value of approximately $99.01 million. Additionally, ARKK purchased 29,353 shares of Coinbase stock this Thursday, making Coinbase now the third-largest holding in ARKK, representing about 71.4%.
