An ETF to Access Disruptive Companies Like Bitcoin

ETF Trends publisher Tom Lydon discussed the ARK Web x.0 ETF (ARKW) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show.

ARKW is an ETF to access disruptive companies like Bitcoin that could help transform the market.

The fund tracks a number of companies that benefit from increase use of shared technology, infrastructure and services in cloud computing, big data, social media, internet, devices and gateways, e-commerce, media ecosystems, health care, sharing economy, point of sale, telecom and cryptocurrencies.

It was the first ETF to invest in bitcoins after the portfolio manager acquired publicly traded shares of Grayscale’s Bitcoin Investment Trust (GBTC).

Click here to listen to the podcast.