Cathie Wood's Ark Invest Launches New Crypto Fund Amidst Market Turmoil.
Cathie Wood's Ark Invest has raised over $16 million for a new private crypto fund split between a domestic and a Cayman Islands-based version. The filings were released days after Ark added more shares of crypto exchange Coinbase to its ETFs. Both funds are private and open only to a small number of investors.