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BTCC / BTCC Square / Global Cryptocurrency /
ARK Invest Acquires $9.4M Stake in eToro on Nasdaq Debut

ARK Invest Acquires $9.4M Stake in eToro on Nasdaq Debut

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-05-15 09:08:02
0

Cathie Wood’s ARK Invest swiftly added eToro (ETOR) to its portfolio, purchasing 140,000 shares worth $9.4 million during the trading platform’s Nasdaq debut. The stock surged 29% on its first day, closing at $67 after opening well above its marketed range at $52—a testament to overwhelming investor demand.

The shares were allocated to ARK’s Fintech Innovation ETF (ARKF), which holds crypto-adjacent equities like Coinbase and Robinhood. ARKF is one of three ARK ETFs with significant exposure to digital asset innovators, alongside the Next Generation Internet (ARKW) and Innovation (ARKK) funds.

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