ARK Invest Buys $9.4M in eToro Shares on Nasdaq Debut

What to Know

• ARK Invest purchased 140,000 shares of eToro (ETOR) valued at nearly $9.4 million based on the closing price of $67.
• eToro gained 29% on its Nasdaq debut, opening at $52 and closing significantly higher.
• ARK also bought 275,000 shares of Solana staking ETF SOLQ, raising its total SOLQ holdings to nearly $15 million.

Cathie Wood’s ARK Invest Makes Bold Bet on eToro Following Market Debut

In a swift show of confidence, ARK Invest—led by prominent investor Cathie Wood—moved quickly to scoop up shares of eToro (ETOR) on its first day of trading on the Nasdaq. The St. Petersburg-based investment firm bought 140,000 shares of the trading platform, amounting to a total value just shy of $9.4 million based on eToro’s strong closing price of $67.

eToro’s stock soared nearly 29% on its debut, opening at $52 and closing well above the mark as investor demand far exceeded expectations. The opening price itself was already higher than the company’s originally marketed range, signaling strong market appetite for digital trading platforms with global reach and crypto integration.

ETOR Joins ARK’s Fintech Innovation ETF as Crypto Exposure Grows

The new allocation was added to ARK’s Fintech Innovation ETF (ARKF), one of three funds the firm actively uses to gain exposure to companies positioned at the intersection of finance and technology. The inclusion of eToro places it alongside other major holdings like Coinbase (COIN) and Robinhood (HOOD), reinforcing ARK’s conviction in the long-term growth of crypto-enabled platforms.

In addition to the eToro buy, ARK also bolstered its position in the 3iQ Solana Staking ETF (SOLQ), purchasing 275,000 more shares. This brings ARK’s total SOLQ holdings to 799,063 shares—valued at nearly $15 million—further signaling bullish sentiment on Solana’s ecosystem and staking potential.

ARK’s Strategy Reflects Confidence in Crypto-Focused Innovation

ARK Invest has consistently leaned into high-growth, disruptive sectors, and its latest moves underscore a continued belief in blockchain and fintech innovation. By aggressively investing in eToro and increasing its exposure to Solana staking, the firm is placing a calculated bet on the rising demand for decentralized finance, trading infrastructure, and user-friendly crypto platforms.

The two investments come at a time when institutional interest in digital assets is resurging, driven by growing acceptance of crypto products on regulated exchanges, alongside ETF approvals and broader market maturity. eToro’s strong debut and ARK’s timely entry signal confidence not just in the platform’s potential—but in the entire crypto-fintech convergence unfolding on global markets.

As ARK continues to expand its positions across crypto-adjacent stocks and funds, all eyes will be on whether this momentum can sustain into broader institutional adoption and long-term gains for its investors.