30 Sep '15, 3pm

Wall Steet Interest in #Bitcoin Grows with ARK Fund Investing in @BarrySilbert’s BIT $GBTC http…

ARK Investment Management LLC (ARK), an active manager of thematic Exchange Traded Funds (ETFs), announced that the ARK Web x.0 ETF has become the first ETF to invest in bitcoin. ARK has made its investment for ARK Web x.0 ETF through the purchase of publicly traded shares of Grayscale’s Bitcoin Investment Trust . The ARK Web x.0 ETF trades on the NYSE Arca exchange with the symbol ARKW . Securities within ARKW are related to cloud computing, Big Data, sharing services and social media, digital education, wearable technology, data mining, Internet of Things (IoT) and now cryptocurrencies. Like the other ARK ETFs, ARKW can be purchased by investors through various trading platforms, including Fidelity, Schwab and E-Trade. “We’re believers in bitcoin, the currency, and Bitcoin, the technology platform. We also believe that current prices present an attractive entry point for...

Full article: https://bitcoinmagazine.com/articles/wall-steet-interest-...

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