cryptocurrency funds
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Cathie Wood’s Ark Invest Raises Over $16 Million in New Cryptocurrency Funds
According to reports submitted to the Securities and Exchange Commission (SEC) on Wednesday, Cathie Wood’s Ark Invest has raised over $16 million in new cryptocurrency funds, which are divided into domestic and Cayman Islands versions. ARK Crypto Revolutions US Fund LLC raised $7281630 from nine investors, while ARK Crypto Revolutions Cayman Fund LLC raised $8993330 from a supporter. Both funds were opened for investment on March 1st, and the figures provided are the total amount sold. For the overall goal, Ark checked “indefinite”, which means that the fund is open ended. Ark Invest has raised over $16 million in new cryptocurrency funds Analysis based on this information:Cathie Wood’s Ark Invest continues to dominate the world of finance as the investment firm has raised over $16 million in new cryptocurrency funds. The funds have been divided into two versions, domestic and Cayman Islands. Reports submitted to the Securities and Exchange Commission (SEC) on Wednesday showed that ARK Crypto Revolutions US Fund…