Schedule of Investments
ARK Blockchain & Fintech Innovation ETF (consolidated)
April 30, 2026 (Unaudited)
| Investments | Shares | Value | ||||||
| COMMON STOCKS–89.8% | ||||||||
| Banks - 2.0% | ||||||||
| NU Holdings Ltd., Class A (Brazil)* | 1,170,765 | $ | 16,952,677 | |||||
| Biotechnology - 0.2% | ||||||||
| Canton Strategic Holdings, Inc.*(a) | 443,051 | 1,431,055 | ||||||
| Broadline Retail - 10.0% | ||||||||
| Alibaba Group Holding Ltd. (China)(b) | 74,337 | 9,803,564 | ||||||
| Amazon.com, Inc.* | 120,737 | 32,002,549 | ||||||
| MercadoLibre, Inc. (Brazil)* | 14,724 | 26,394,684 | ||||||
| Sea Ltd. (Singapore)*(b) | 173,064 | 14,689,672 | ||||||
| Total Broadline Retail | 82,890,469 | |||||||
| Capital Markets - 17.0% | ||||||||
| Bullish (Cayman Islands)*(a) | 780,550 | 29,450,151 | ||||||
| Coinbase Global, Inc., Class A* | 257,140 | 48,283,178 | ||||||
| Etoro Group Ltd., Class A (Israel)* | 281,547 | 10,017,442 | ||||||
| Futu Holdings Ltd. (Hong Kong)(b) | 89,825 | 13,878,861 | ||||||
| Intercontinental Exchange, Inc. | 11,530 | 1,822,778 | ||||||
| Robinhood Markets, Inc., Class A* | 507,712 | 37,007,128 | ||||||
| Total Capital Markets | 140,459,538 | |||||||
| Consumer Finance - 3.1% | ||||||||
| Kaspi.KZ JSC (Kazakhstan)(b) | 62,632 | 5,376,331 | ||||||
| SoFi Technologies, Inc.* | 1,291,857 | 20,798,897 | ||||||
| Total Consumer Finance | 26,175,228 | |||||||
| Entertainment - 7.2% | ||||||||
| Brera Holdings PLC, Class B (Ireland)*(a) | 958,637 | 739,061 | ||||||
| ROBLOX Corp., Class A* | 406,066 | 22,439,207 | ||||||
| Roku, Inc.* | 203,569 | 23,728,002 | ||||||
| Spotify Technology SA* | 28,294 | 12,634,686 | ||||||
| Total Entertainment | 59,540,956 | |||||||
| Financial Services - 13.7% | ||||||||
| Adyen NV (Netherlands)*(c) | 16,214 | 18,239,893 | ||||||
| Block, Inc.* | 623,690 | 43,976,382 | ||||||
| Klarna Group PLC (United Kingdom)* | 778,161 | 10,832,001 | ||||||
| PayPay Corp. (Japan)*(b) | 267,663 | 5,926,059 | ||||||
| Toast, Inc., Class A* | 1,195,698 | 34,101,307 | ||||||
| Total Financial Services | 113,075,642 | |||||||
| Hotels, Restaurants & Leisure - 4.7% | ||||||||
| Airbnb, Inc., Class A* | 93,484 | 13,121,414 | ||||||
| DoorDash, Inc., Class A* | 64,123 | 10,814,344 | ||||||
| DraftKings, Inc., Class A* | 634,367 | 14,793,439 | ||||||
| Total Hotels, Restaurants & Leisure | 38,729,197 | |||||||
| Interactive Media & Services - 2.9% | ||||||||
| Meta Platforms, Inc., Class A | 38,781 | 23,730,482 | ||||||
| IT Services - 9.3% | ||||||||
| Shopify, Inc., Class A (Canada)* | 633,505 | 76,736,461 | ||||||
| Real Estate Management & Development - 0.9% | ||||||||
| Zillow Group, Inc., Class C* | 166,685 | 7,400,814 | ||||||
| Investments | Shares | Value | ||||||
| Semiconductors & Semiconductor Equipment - 5.7% | ||||||||
| Advanced Micro Devices, Inc.* | 90,521 | $ | 32,088,789 | |||||
| NVIDIA Corp. | 75,494 | 15,066,338 | ||||||
| Total Semiconductors & Semiconductor Equipment | 47,155,127 | |||||||
| Software - 13.1% | ||||||||
| BitMine Immersion Technologies, Inc. | 834,306 | 17,854,148 | ||||||
| Circle Internet Group, Inc.* | 498,012 | 45,259,331 | ||||||
| Crowdstrike Holdings, Inc., Class A* | 24,205 | 10,789,379 | ||||||
| Palantir Technologies, Inc., Class A* | 250,047 | 34,784,038 | ||||||
| Total Software | 108,686,896 | |||||||
| Total Common Stocks | ||||||||
| (Cost $1,025,170,743) | 742,964,542 | |||||||
| EXCHANGE - TRADED FUNDS–7.4% | ||||||||
| Financials - 7.4% | ||||||||
| 3iQ Ether Staking ETF (Canada)*† | 565,048 | 4,972,423 | ||||||
| 3iQ Solana Staking ETF (Canada)*† | 401,283 | 2,688,596 | ||||||
| ARK 21Shares Bitcoin ETF† | 2,096,992 | 53,150,359 | ||||||
| Total Financials | 60,811,378 | |||||||
| Total Exchange - Traded Funds | ||||||||
| (Cost $57,500,185) | 60,811,378 | |||||||
| PREFERRED STOCK–2.7% | ||||||||
| Software - 2.7% | ||||||||
OpenAI
Group PBC*(d) | 31,991 | 21,999,792 | ||||||
| WARRANTS–0.0%(e) | ||||||||
| Entertainment - 0.0%(e) | ||||||||
| Brera Holdings PLC | 788,053 | 370,385 | ||||||
| Total Warrants | ||||||||
| (Cost $–) | 370,385 | |||||||
| MONEY MARKET FUND–0.2% | ||||||||
| Goldman Sachs Financial Square Treasury Obligations Fund, 3.54%(f) | ||||||||
| (Cost $1,847,269) | 1,847,269 | 1,847,269 | ||||||
| Total Investments–100.1% | ||||||||
| (Cost $1,106,517,989) | 827,993,366 | |||||||
| Liabilities in Excess of Other Assets–(0.1)% | (472,024) | |||||||
| Net Assets–100.0% | $ | 827,521,342 | ||||||
| (f) | Rate shown represents annualized 7-day yield as of April 30, 2026. |
| † | Affiliated security |
| * | Non-income producing security |
| (a) | All or a portion of the security was on loan. The aggregate market value of the securities on loan was $8,474,218; total market value of the collateral held by the fund was $8,362,294.The total market value of the collateral includes non-cash U.S. Treasury securities collateral having a value of $8,362,294. |
| (b) | American Depositary Receipt |
| (c) | Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. |
| (d) | Investment fair valued by ARK Investment Management LLC (the “Adviser”) in accordance with the Adviser’s valuation policies and procedures that were reviewed by, and are subject to the oversight of, the Board of Trustees. For fair value measurement disclosure purposes, investment is classified as Level 3. |
| (e) | Less than 0.05% |
Schedule of Investments (Continued)
ARK Blockchain & Fintech Innovation ETF
April 30, 2026 (Unaudited)
Affiliated Issuer Transactions
An affiliated company is a company in which the Fund has ownership of at least 5% of the voting securities, or a company that is under common ownership or control. Period-to-date transactions with companies which are or were affiliates are as follows:
| Value
($) at 7/31/2025(a) | Purchases Cost ($) | Sales Proceeds ($) | Net
Realized Gain/(Loss) on investments in affiliated securities ($) | Net
Change in Unrealized Appreciation (Depreciation) on investments in affiliated securities ($) | Net
Change in Unrealized Appreciation (Depreciation) on investments in non-affiliated securities ($) | Affiliated Dividend Income ($) | Capital
Gain Distributions ($) | Number
of Shares at 4/30/2026 | Value
($) at 4/30/2026(a) | |||||||||||||||||||||||||||||
| Exchange - Traded Funds — 7.3% | ||||||||||||||||||||||||||||||||||||||
| Financial Services — 0.0% | ||||||||||||||||||||||||||||||||||||||
| Financials — 7.3% | ||||||||||||||||||||||||||||||||||||||
| 3iQ Ether Staking ETF | ||||||||||||||||||||||||||||||||||||||
| 16,741,364 | 6,209,698 | (15,513,524 | ) | 1,255,719 | (3,720,834 | ) | – | – | – | 565,048 | 4,972,423 | |||||||||||||||||||||||||||
| 3iQ Solana Staking ETF | ||||||||||||||||||||||||||||||||||||||
| 10,756,670 | 4,156,708 | (10,238,170 | ) | 1,059,038 | (3,045,650 | ) | – | – | – | 401,283 | 2,688,596 | |||||||||||||||||||||||||||
| ARK 21Shares Bitcoin ETF | ||||||||||||||||||||||||||||||||||||||
| 66,199,787 | 15,834,247 | (3,994,151 | ) | (1,093,895 | ) | (23,795,629 | ) | – | – | – | 2,096,992 | 53,150,359 | ||||||||||||||||||||||||||
| $ | 93,697,821 | $ | 26,200,653 | $ | (29,745,845 | ) | $ | 1,220,862 | $ | (30,562,113 | ) | $ | – | $ | – | $ | – | 3,063,323 | $60,811,378 | |||||||||||||||||||
| (a) | The fair value and number of shares of securities are only displayed at the beginning and end of each reporting period when such securities were considered an affiliate as of each date. Refer to the Schedule of Investments for view the fair value and number of shares as of April 30, 2026. |
Fair Value Measurement
The Fund discloses the fair value of its investments in a hierarchy that distinguishes between: (i) market participant assumptions developed based on market data obtained from sources independent of the Fund (observable inputs) and (ii) the Fund’s own assumptions about market participant assumptions developed based on the best information available under the circumstances (unobservable inputs). The three levels defined by the hierarchy are as follows:
• Level 1 — Quoted prices in active markets for identical assets.
• Level 2 — Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
• Level 3 — Significant unobservable inputs (including each Fund’s own assumptions in determining the fair value of investments).
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
The following is a summary of the valuations as of April 30, 2026, based upon the three levels defined above:
| ARK Blockchain & Fintech Innovation ETF | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Assets | ||||||||||||||||
| Common Stocks‡ | $ | 742,964,542 | $ | – | $ | – | $ | 742,964,542 | ||||||||
| Exchange - Traded Funds | 60,811,378 | – | – | 60,811,378 | ||||||||||||
| Preferred Stock‡ | – | – | 21,999,792 | 21,999,792 | ||||||||||||
| Warrants | 370,385 | – | – | 370,385 | ||||||||||||
| Money Market Fund | 1,847,269 | – | – | 1,847,269 | ||||||||||||
| Total | $ | 805,993,574 | $ | – | $ | 21,999,792 | $ | 827,993,366 | ||||||||
| ‡ | Please refer to the Schedule of Investments to view securities segregated by industry type. |