According to Odaily, ARK Invest purchased 1.7 million shares of the 3iQ Ethereum Staking ETF (ETHQ.U) on August 1, with a total value of $21 million. Approximately 1 million shares were allocated to the ARK Next Generation Internet ETF (ARKW), while the remaining 651,713 shares were acquired through the ARK Fintech Innovation ETF. The 3iQ Ethereum Staking ETF closed at $12.3 on August 1, showing significant growth in recent months and an approximate 40% increase year-to-date.
Ark Invest Acquires Significant Shares In 3iQ Ethereum Staking ETF
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