#TrumpCryptoOrder up +31% since the election

Bitcoin is now the largest holding in terms of market cap in Cathie Wood’s ARK Next Generation Internet ETF, an investment product that focuses on Internet and tech-focused businesses and assets. As the hosts of the Bloomberg ETF IQ noted in their latest show, BTC now accounts for 12% of the fund’s $1.8 billion market cap. Interestingly, the fund’s 2,033 BTC allocation is not even close to breaking the top of the Bitcoin rich list despite the massive $215 million valuation at current rates.

📈 $BTC