Cathie Wood’s investment firm, ARK Investment, is reportedly rolling out its two actively managed crypto strategies to registered investment advisors. 

Specifically, the strategies will be to be tapped into as separately managed accounts (SMAs) via a partnership with the crypto asset platform Eaglebrook. 

The ARK Cryptocurrency Strategy works towards a primary target of capitalizing on the monetary revolution, as revealed by the firms in the statement, claiming that it “could serve as a strategic allocation in well-diversified portfolios.”

“The strategies will be separately managed accounts (SMAs) designed to meet the needs of financial advisors, wealth managers, and their clients by offering direct ownership, low minimums, and portfolio reporting integration among other benefits.” Cathie Wood, ARK’s founder and CEO, further remarked. 

This partnership should make it possible for Ark to widen the scope of its services outside the exchange-traded funds (ETFs). An SMA is a portfolio formed by a financial advisor or investment firm for a single investor. 

On ETFs, investors have possession over shares of the fund rather than the underlying securities. 

The top-tier fund at ARKs, the Ark Innovation ETF, seeks the long-term development of capital via making investments in disruptive innovation firms. It has $7.946 billion under management, experiencing a 60.11% drop as of Sept. 30, while the S&P 500 plummeted 23.87% and the BTC price dipped over 58% this year. 

Wood gathered a reputation as a big Bitcoin (BTC) believer, who predicted that BTC would hit $1 million by 2030.