10:14 Ark Invest Sells Another $1.4M Shares of Coinbase, Increases Exposure to Robinhood Amid Crypto Rally
Cathie Wood’s ARK Invest Sells Coinbase Near Top, Loads Up on Robinhood Uniswap Website Cryptocurrency markets are trading with a positive bias on Wednesday, with altcoins continuing to push higher as Bitcoin (BTC) consolidates just to the north of the $35,000 level as bulls eye a potential retest of recent highs in the $36,000 area. The BTC price was last up around 1.7% in the past 24 […]
Ark Invest and 21Shares to Launch Digital Asset ETF Suite Source: 21Shares Cathie Wood’s Ark Invest, in partnership with 21Shares, is launching a suite of digital asset ETFs, focusing on Bitcoin and Ethereum futures and blockchain technology. The suite comprises five ETFs, including ARK 21Shares Active Bitcoin Futures Strategy ETF (ARKA) and ARK 21Shares Active Ethereum Futures Strategy ETF (ARKZ), intend to blend investments in […]
Analysts Introduce Innovative Framework to Decode Bitcoin Economy in Bear Market Source: Adobe / fox17 Investment firm Ark Invest and blockchain security firm Glassnode have revealed a conceptual framework for understanding the Bitcoin (BTC) economy amid the ongoing bear market. On Thursday, Ark Invest unveiled the whitepaper, titled “Cointime Economics: A New Framework For Bitcoin On-chain Analysis,” which aims to provide a toolkit for comprehending the economic realities of Bitcoin in a new way. […]
Today in Crypto: HashKey to Start Offering Crypto Trading to Retail Clients in Hong Kong, ARK Invest & 21Shares Apply for Futures ETFs, Prime Trust Lost $8 million of Client & Treasury Funds in a TerraUSD Investment
Cathie Wood Expects SEC to Approve Multiple Spot Crypto ETFs Simultaneously – What’s Going On? Source: GettyImages In an interview on August 7, Cathie Wood, the CEO of ARK Investment Management, stated that the US Securities and Exchange Commission (SEC) might approve multiple spot-Bitcoin exchange-traded funds (ETFs) simultaneously. This marks a change from her belief that her firm would be the first to receive approval for the much-awaited product. “I […]
Crypto investors cool on Bitcoin funds, turning to Ether and XRP Bitcoin-related funds saw outflows of $13 million over the past week, reversing five weeks of bullish inflows, according to Coinshares analyst James Butterfill. News Join us on social networks Bitcoin-related investment products appear to have lost some of their sheen among crypto investors, recording its first week of outflows since Blackrock filed for spot Bitcoin […]
ARK Invest Bets Big on Meta Platforms and Robinhood, Reduces Coinbase Position Source: AdobeStock / Wirestock Investment management firm ARK Invest has started accumulating Meta and Robinhood shares while selling more Coinbase shares. On Friday, the company offloaded 478,356 Coinbase shares valued at $53 million as the crypto exchange’s stock prices reached a 52-week high. More specifically, ARK Invest’s e flagship fund ARK Innovation ETF sold 263,247 Coinbase shares, ARK Next Generation Internet ETF sold […]
Cathie Wood’s Ark Invest Sells $53 Million Coinbase Shares Amid Record Highs Source: Ark Invest Instagram Cathie Wood’s Ark Invest sold 478,356 Coinbase shares valued at $53 million on Friday as the crypto exchange’s stock prices reached a 52-week high. This is the second time Cathie Wood-led investment management firm offloaded Coinbase shares within a week. As reported earlier, Ark Invest sold 135,152 Coinbase shares worth $12 […]
Cathie Wood’s ARK Invest Cashes In on Coinbase, Sells 135K Shares as Price Hits $90 Source: AdobeStock / Rafael Henrique Investment management firm ARK Invest has offloaded a portion of its Coinbase holdings as the crypto exchange’s stock races to a near one-year high. On Tuesday, Cathie Wood’s investment firm sold 135,152 Coinbase shares, worth around $12 million, from one of its major exchange-traded funds (ETF), the ARK Innovation ETF. The amount sold accounts for 0.14% […]
Cboe refiles 5 Bitcoin ETFs to include Coinbase surveillance agreements The surveillance-sharing agreements are a measure recommended by the SEC in March, which says they can prevent fraud and protect investors. News Join us on social networks Exchange operator Cboe Global Markets has amended five spot Bitcoin (BTC) Exchange-Traded Fund (ETF) applications to include a surveillance-sharing agreement (SSA) with Coinbase. On July 11, Cboe amended […]
BlackRock’s Bitcoin ETF ‘is the best thing to happen’ to BTC, or is it? Galaxy Digital CEO Mike Novogratz was among those over the moon with the news, others warn it could be the start of a major institutional takeover. News Join us on social networks BlackRock’s latest filing for a spot Bitcoin (BTC) trust will drive investors’ confidence in Bitcoin and may even be “the best thing that […]
ARK Invest Buys $19.9 Million Block Shares as Cathie Wood Stands Firm on Crypto Source: AdobeStock / Tom Cathie Wood’s Ark Investment has purchased around $20 million worth of Block shares as the crypto investment firm stand remains committed to crypto. According to data provided by ARK Invest Daily Trades, ARK Invest acquired a total of 305,573 shares of Block across six intervals between June 7-8, which now represents ARK’s […]
Cathie Wood’s ARK loads up crypto bags, buys $19.9M Block shares Just days after buying $21 million of Coinbase shares, ARK Invest CEO Cathie Wood has added another $19.9 million in Block Inc. shares across its ETFs. News Join us on social networks ARK Invest CEO Cathie Wood doesn’t appear to have been swayed by recent crypto regulatory action, after buying another $19.9 million shares of […]
ARK Invest CEO Cathie Wood Ups Her Stake in Coinbase Following SEC Lawsuit Source: Adobe Ark Invest CEO Cathie Wood upped her stake in Coinbase after a US regulator accused the exchange of operating unlawfully. Three Ark Investment Management LLC funds, including Wood’s Ark Innovation ETF, bought 419,324 shares of Coinbase on Tuesday, according to Bloomberg News, citing its data. The price of Coinbase shares slumped to as […]
Today in Crypto: US Court Orders SEC to Respond to Coinbase’s Rulemaking Petition Within 7 Days, Circle Gets Its Singapore MPI Licence, Cathie Woods Uses Drop in Coinbase Stock Price to Stock Up Source: AdobeStock / rarrarorro Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ Legal news The United States Court of Appeals for the Third Circuit ordered the US Securities and Exchange Exchange (SEC) to clarify its position on a rulemaking petition from […]
Today in Crypto: Poloniex to Pay $7.6M in Settlement with US Authority, Complaint Alleges Coinbase Violated Illinois’ Biometric Information Privacy Act, 3AC-founders’ OPNX Reprimanded by Dubai Regulator
Cathie Wood’s ARK Invest Buys $8.7 Million in Coinbase Stock, Files Third Bitcoin ETF Application Amid SEC Lawsuit
Ark Invest Expects Bitcoin to Become a Multitrillion-Dollar Market — Predicts BTC Price Could Reach $1.48 Million Investment management firm Ark Invest says bitcoin is “likely to scale into a multi-trillion dollar market.” In its new report, the firm offers three bitcoin price predictions, including a bull case where bitcoin could rise to $1.48 million per coin. Ark Invest CEO Cathie Wood sees bitcoin as “an insurance policy for everyone against the […]
Ark Invest CEO sees potential crypto rebound amid whiffs of a Fed pivot The chief executive from crypto and tech investment firm Ark Invest believes crypto assets will see a huge turnaround this year as inflation falls and the Fed pivots. In a company video blog on Jan. 23, Ark Invest CEO and CIO, Cathie Wood, started with a glance at the macroeconomic outlook. She said there was […]
‘Wall of worry’ led to digital wallets, blockchain tech ignored: Cathie Wood ARK Invest CEO Cathie Wood believes that digital wallets and blockchain tech were among “game-changing innovations” that the equity markets largely ignored in 2022. In a Jan. 12 blog post on the ARK Invest website, Wood suggested that the equity market faced a “wall of worry” in 2022, caused by fears of entrenched inflation and […]
Cathie Wood’s ARK Invest adds more Bitcoin exposure as GBTC, Coinbase stock hit new lows Bitcoin (BTC) firms’ shares are a major “buy” for asset manager ARK Invest in the midst of the FTX meltdown. The latest data confirms that ARK continues to up its holdings of both exchange Coinbase (COIN) and the Grayscale Bitcoin Trust (GBTC). Cathie Wood buys the dip With FTX contagion still rippling through the crypto […]
Ark Invest CEO Warns Fed’s Actions Could Lead to 1929-Like Great Depression — Elon Musk Agrees The CEO of investment management firm Ark Invest has warned that if the Federal Reserve does not pivot, the current economic setup will be similar to 1929 when the Great Depression started. Tesla CEO and Twitter chief Elon Musk agreed. The Fed, Inflation, and the Great Depression Ark Invest CEO Cathie Wood, who is also […]
Crypto News Summary: Mastercard Launches Start Path Crypto, Meta Bringing NFT Minting & Trading to Instagram
Cathie Wood’s Ark Invest Offers Actively Managed Crypto Strategies to Financial Advisors ARK Invest has announced a partnership with Eaglebrook to offer high-net-worth investors access to the top 20 crypto assets through separately managed accounts. A Planned Collaboration Cathie Wood-led investment firm ARK Invest has been investing in crypto equities and security since 2015. After seeing a string of expansions throughout this period, Ark Investment has announced […]
