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ARK Invest’s crypto strategies to offer top 20 crypto assets to wealth managers ARK Invest’s crypto strategies to offer top 20 crypto assets to wealth managers

ARK Invest’s crypto strategies to offer top 20 crypto assets to wealth managers

ARK Invest has partnered with Eaglebrook to provide wealthy investors exposure to top 20 crypto assets through separately managed accounts.

ARK Invest’s crypto strategies to offer top 20 crypto assets to wealth managers

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

Cathie Wood-led ARK Invest has inked a partnership with Eaglebrook Advisors to offer the ARK Cryptocurrency and ARK Cryptoasset strategies available as a separately managed account (SMA) for financial advisors and wealth managers.

Since 2015, ARK Invest has been involved in crypto equity and security investments. Through the ARK Exchange Traded Funds (ETF), the investment adviser has provided investors exposure to crypto assets investments.

Eaglebrook offers separately management accounts (SMAs) for wealth managers and advisors to gain direct exposure to digital assets on behalf of their clients.

ARK CEO Cathie Wood said that the partnership with Eaglebrook will introduce a new asset class to the wealth management industry.

She added that::

“The strategies will be separately managed accounts (SMAs) designed to meet the needs of financial advisors, wealth managers, and their clients by offering direct ownership, low minimums, and portfolio reporting integration amongst other benefits.”

ARK Crypto Strategies coming to Wealth Managers

ARK Crypto Strategies are designed to leverage blockchain’s promise to bring revolution across money, finance, and the internet.

The ARK Cryptocurrency Strategy is a high conviction portfolio that invests primarily in bitcoin (BTC) and Ethereum (ETH). The strategy seeks to capitalize on the monetary revolution as the two flagship assets are expected to be uncorrelated to other asset classes or traditional systems in the long term.

On the other hand, the ARK Cryptoasset Strategy will invest only in the top 10-20 coins, which ARK has identified as having the potential to drive the financial and internet revolutions. The assets will be selected across smart contract networks, decentralized finance, web3, and infrastructure and scaling solutions.

Despite the global crypto market shedding over $2 trillion since its peak in Nov. 2021, ARK Invest Cryptoasset Analyst Yassine Elmandjra believes the time is right for investors to enter the market leveraging ARK’s Crypto Strategies.

“We’re thrilled to be offering actively managed crypto strategies to advisors during a time when, we believe, much of the speculative behaviors have died down. We believe this presents an attractive entry point for investors.”

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