"The finance industry has gone through many changes over the years, but the pace of change has accelerated over the past decade. Crypto trading, commission-free trading, and enhanced fintech apps are some of the big shifts that have taken place in this sector. Some fintech ETFs give investors exposure to this trend while setting up for long-term returns that can outpace the S&P 500. These are some of the top funds to monitor."
"It's enjoyed a strong rally since 2023, where shares have more than tripled. This gain shows what the fund can do when it gains momentum, and its holdings suggest that growth can compound quickly. ARKF places half of its capital into its top 10 holdings. The top three positions - Shopify ( NASDAQ:SHOP), Coinbase ( NASDAQ:COIN), and Robinhood ( NASDAQ:HOOD) - make up more than 20% of its total assets. Tech and financial stocks make up almost 70% of ARKF's portfolio."
Fintech and crypto innovations have accelerated over the past decade, including crypto trading, commission-free trading, and enhanced fintech apps. Fintech ETFs provide investor exposure to these shifts and can set up for long-term returns that may outpace the S&P 500. ARK Blockchain & Fintech Innovation ETF (ARKF) has rebounded strongly since 2023 with shares more than tripling, allocates half its capital to the top 10 holdings, and counts Shopify, Coinbase, and Robinhood among its largest positions while tech and financial stocks comprise nearly 70% of the portfolio. Fidelity Crypto Industry and Digital Payments ETF (FDIG) prioritizes digital payments, crypto miners pivoting to AI infrastructure, launched in 2022, and is up 19% year-to-date.
Read at 24/7 Wall St.
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