<p>According to Cointelegraph, on August 2, Cathie Wood's investment firm ARK Invest has been active in the cryptocurrency market, purchasing $21 million worth of 3iQ Ether Capital ETF (ETHQ.U) and selling $14.60 million worth of stocks on Coinbase.</p><p>The 3iQ Ethereum Staking ETF has seen significant growth since its launch, rising by about 40% year-to-date. The fund aims to achieve long-term capital appreciation by investing in Ether and generating passive income through staking. ARK purchased 1 million and 651,713 shares of ETHQ.U through ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF, respectively.</p>

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<p>According to Cointelegraph, on August 2, Cathie Wood's investment firm ARK Invest has been active in the cryptocurrency market, purchasing $21 million worth of 3iQ Ether Capital ETF (ETHQ.U) and selling $14.60 million worth of stocks on Coinbase.</p>
<p>The 3iQ Ethereum Staking ETF has seen significant growth since its launch, rising by about 40% year-to-date. The fund aims to achieve long-term capital appreciation by investing in Ether and generating passive income through staking. ARK purchased 1 million and 651,713 shares of ETHQ.U through ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF, respectively.</p>
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ARK Invest purchased $21 million worth of 3iQ Ethereum Staking ETF.