ARK Fintech Innovation ETF (ARKF)

ARK Investment Management Acquires Rize ETF to Capitalize on European Trend-Focused Market

In a strategic move designed to strengthen its foothold in Europe's burgeoning trend-focused investment market, ARK Investment Management announced on Wednesday that it has acquired Rize ETF Limited, a prominent issuer of exchange-traded funds. This acquisition forms part of ARK's broader strategy to leverage innovative investment themes, a tactic consistently championed by the company's founder, Cathie Wood.