ARKF ETF

Artificial Intelligence, Cryptocurrency and Fintech have pulled the strings of the tech boom this year.

The iShares Bitcoin Trust is a low-cost ETF that allows you to indirectly own Bitcoin in your portfolio. The Ark Fintech Innovation ETF has a high concentration in Bitcoin-related businesses.

The Ark Fintech Innovation ETF is an actively managed ETF that seeks to find winners in the financial technology space. Top holdings include Shopify, Coinbase, Block, and DraftKings.

Bond traders initially priced in multiple rate cuts for 2024, but economic data led to fewer cuts being taken off the table. ARKF ETF has underperformed the S&P 500, with assets under management decreasing and technical indicators turning less favorable. ARKF's concentrated allocation in fintech and high volatility make it somewhat risky in the current environment.

Cathie Wood's Ark Invest populates its exchange-traded funds with disruptive, innovative companies. The Ark Fintech Innovation ETF has outperformed the Nasdaq Composite index since the start of 2023.

Roblox Corp. shares have dropped after the company's disappointing quarterly earnings report, but Cathie Wood, the founder and CEO of ARK Invest, sees this as an opportunity to invest in them at a more appealing price.

ARKF has outperformed its peers and the Nasdaq in the short term, but long-term performance is narrowly overperformed by a Baron's fund. ARK Fintech Innovation ETF focuses on newcomers and disruptors in the fintech industry, while the Baron's fund invests in more established financial companies. ARKF's top holdings show high growth prospects and strong operational performance, while the Baron's fund has slightly inferior growth expectations.

Payments company Block soared massively on Feb 23, 2024 post reporting earnings.

The trend towards active ETFs reflects a broader shift in investment strategies, with advisors and investors alike recognizing the potential benefits of actively managed funds.