Ark Investment Management, led by Cathie Wood, is set to include exposure to OpenAI in three of its ETFs, according to Bloomberg. The ETFs involved are the ARK Innovation ETF (ARKK), ARK Blockchain & Fintech Innovation ETF (ARKF), and ARK Next Generation Internet ETF (ARKW). This strategic move allows retail investors to access the private technology company, OpenAI, through these publicly traded funds. The inclusion marks a significant step in testing the market's appetite for pre-IPO equity within ETFs.
Ark Investment's ETFs to Gain Exposure to OpenAI
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