Investment

Ark Investment Management is looking for "the next FAANGs," Cathie Wood said.

ProShares announced it plans to launch its first Bitcoin-linked ETF on Tuesday on the New York Stock Exchange.

There are a variety of solutions to the ongoing regulatory and legislative debate about expanding access to private market investments.

In this week's fund news, Cerulli predicts direct indexing's rise, ProShares and Invesco bitcoin futures ETFs may start trading next week, RadiantESG selects STP for operations, and Moneta hires a new head of alternatives.

The proposals by ProShares and Invesco Ltd. are based on futures contracts and were filed under mutual fund rules that SEC Chairman Gary Gensler has said provide “significant investor protections.”