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ARK Blockchain & Fintech Innovation ETF
As of May 30, 2026 at 08:32 UTC
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About ARK Blockchain & Fintech Innovation ETF
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Latest News
5 articlesOpenAI, valued at $852 billion after its latest funding round, remains private with no IPO timeline. Retail investors can gain exposure through Microsoft (27% stake), ARK's interval fund ARKVX, ARK's flagship ETFs (ARKK, ARKW, ARKF), the Fundrise Innovation Fund (VCX), or secondary markets for accredited investors. Each option carries different trade-offs regarding fees, liquidity, and valuation premiums.
SoFi Technologies (NASDAQ:SOFI) shares surged 8.75% in premarket trading on Wednesday, driven by a broader market rally following President Trump's announcement of a two-week ceasefire on Iran strikes. Additionally, SoFi unveiled SoFi Big Business Banking, a new regulated platform enabling enterprises to manage both fiat and crypto transactions in a single system with 24/7 functionality. The stock shows short-term bullish momentum but remains below intermediate and long-term moving averages.
Robinhood Markets (HOOD) shares rose 1.92% in premarket trading Monday following the release of February 2026 operating data. The company reported $314 billion in total platform assets (up 68% YoY), $25 billion in crypto trading volumes (up 74% YoY), and $5.6 billion in net deposits. Its banking division crossed $1 billion in deposits four months after launch. However, the stock remains down 35.11% year-to-date and trades below its 20-day and 100-day moving averages, indicating a bearish short-to-medium term trend despite mixed momentum signals.
PayPay (NASDAQ: PAYP) made its Nasdaq debut on Wednesday, opening at $19 per share, 19% above its $16 IPO price. The stock closed at $18.16, up 13.5%, and reached $21.26 by Friday, up 17.07%. Ark Invest purchased 275,000 shares on day one, signaling confidence in the digital payments platform with 70 million users. The SoftBank-backed company's IPO included 54.99 million American depositary shares.
Cathie Wood's Ark Invest has been buying Amazon (AMZN) shares amid the recent market sell-off triggered by concerns over a Chinese AI startup called DeepSeek. The article argues that Wood's decision to buy the dip in Amazon is a smart move, as the company's investments in AI infrastructure are already paying off.
