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Barchart
Barchart
Subhasree Kar

3 ETFs to Buy Now If You Want to Invest Directly in OpenAI

On March 31, OpenAI completed its largest funding round to date, securing $122 billion and reaching an $852 billion valuation. The spotlight intensified because a well-known buyer entered the picture: Cathie Wood of ARK Invest.

Cathie Wood’s ARK Invest is now opening a rare door for everyday investors with direct exposure to one of the world’s most valuable private AI companies, OpenAI. Through the recent inclusion of OpenAI across three flagship ETFs, ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW), and ARK Blockchain & Fintech Innovation ETF (ARKF), investors can now tap into a pre-IPO opportunity that was previously limited to venture capital and accredited investors. Each fund holds roughly a 3% allocation to OpenAI, marking the first time retail investors can access the company through publicly traded vehicles.

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