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ARKK: A Procyclical Growth ETF With Potential
ARKKARK Investment(ARKK) Seeking Alpha·2024-06-18 21:47

My Rating History Particularly, the ETF's investment in Coinbase Global Inc. (COIN) provided thesis support, primarily because the cryptocurrency market was on a tear, led by a recovery of the world's largest cryptocurrency Bitcoin. The ETF suffered mightily from the compression of valuation multiples, particularly in the tech sector, but the ETF has rebalanced its portfolio and focuses on a few high-potential investments. | --- | --- | --- | --- | --- | --- | --- | |-------|------------------------|------- ...