Crypto Investors Can Now Buy a Cathie Wood Investment Fund That Holds SpaceX and OpenAI. Here's What You Need to Know to Get Started.
Investors are eager to get exposure to certain private companies, and Cathie Wood is offering them a way to do that.
Overview
Eligible U.S. investors can now buy Cathie Wood's ARK Venture Fund (CRYPTO: ARKVX) as a token on the Ethereum (CRYPTO: ETH) blockchain, Space Exploration Technologies was the fund's top holding, with a weight of 7.1%, ahead of the prediction market Kalshi at 5.8%, OpenAI at 5.4%, and Anthropic at 4.1%.
Does it even make sense to buy a token that effectively brings a rocket company and two artificial intelligence labs to your crypto wallet? Let's walk through how this fund works to start.
Ark Invest CEO Cathie Wood. Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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