Key facts
- ARK Invest purchased shares in the 3iQ Solana Staking ETF and BitMine Immersion Technologies.
- ARKK bought 5,264 shares of BitMine Immersion Technologies for about $83,100.
- ARKW and ARKF together acquired 28,018 shares of the 3iQ Solana Staking ETF for approximately $168,400.
- The Solana Staking ETF saw a 2.12% decline on Friday.
Cathie Wood's ARK Invest expanded its holdings in crypto-related assets on Friday, acquiring shares in both the 3iQ Solana Staking ETF and BitMine Immersion Technologies. The firm's flagship ARK Innovation ETF (ARKK) purchased 5,264 shares of BitMine Immersion Technologies for approximately $83,100, based on its closing price of $15.79. This acquisition represented a small fraction, about 0.0014%, of ARKK's portfolio.
Additionally, ARK Invest increased its stake in the 3iQ Solana Staking ETF (SOLQ.U) through two of its funds. The ARK Next Generation Internet ETF (ARKW) bought 16,917 shares, and the ARK Fintech Innovation ETF (ARKF) purchased 11,101 shares. Combined, these purchases amounted to 28,018 shares valued at approximately $168,400 at the market close.
These moves by ARK Invest come as the Solana-based investment product experienced a decline of $0.13, or 2.12%, closing at $6.01 on Friday. The firm also engaged in other portfolio adjustments, including buying X-Energy and selling Figma holdings.