The ARK Innovation ETF (ARKK) experienced a significant pre-market surge on Monday, soaring 5.51% as investors responded to bullish comments from ARK Invest CEO Cathie Wood regarding the synergy between artificial intelligence (AI) and cryptocurrency.

Wood shared insights from a podcast featuring Nikil Viswanathan, co-founder and CEO of web3 development platform Alchemy, who stated, "Crypto is fundamentally the rails that AI is going to run on." This perspective aligns with ARK Invest's focus on disruptive technologies and its bullish stance on both AI and cryptocurrency sectors.

The ARKK ETF, known for its investments in cutting-edge technologies, appears to be benefiting from the growing interest in the intersection of AI and blockchain technologies. Wood has consistently maintained an optimistic outlook on Bitcoin and believes that AI will "disrupt the traditional world order." This sentiment, coupled with the fund's exposure to companies involved in AI and blockchain, likely contributed to the pre-market rally.

As markets continue to digest the potential impact of AI-crypto integration on various industries, investors seem to be positioning themselves in funds like ARKK that offer exposure to these transformative technologies. The pre-market movement suggests that traders are anticipating further growth and innovation in these sectors, potentially driving continued interest in ARK's flagship ETF.