ARK Invest Snaps Up $23.5M in BitMine and Bullish Shares Across Flagship ETFs
The purchases, disclosed in recent trade filings, consisted of 387,000 shares of BitMine and 144,000 shares of Bullish, with ARK Innovation ETF (ARKK) leading the way.
ARK Invest
Cathie Wood’s ARK Invest: Bitcoin Gains Coming Alongside Clear Stress in Housing, Autos
Bitcoin’s current rally doesn’t yet reflect speculative excess, the asset manager said in a new report.
Staked Ether Is Creating a Benchmark for the Crypto Economy, Says ARK Invest
The growing use of stETH in DeFi protocols means the asset is slowly taking the role of the fed funds rate in the crypto ecosystem, says ARK Invest.
Crypto Bank Anchorage Digital, BitGo Take on Custody for ARK 21Shares Bitcoin ETF
The first and only U.S. federally chartered crypto bank, Anchorage Digital, is taking on the custody role for a leading issuer of crypto exchange-traded funds (ETFs), 21Shares, the companies said in a Thursday statement.
ARK Invest Sold $14.8M of Coinbase Shares Thursday Ahead of the Exchange’s Earnings Report
Coinbase revenue beat Wall Street analysts’ expectations, while profit came in lower than the consensus.
Cathie Wood’s Ether ETF Pullback Is Likely Due to Fee War
Cathie Wood’s Ark Invest was the first company to seek permission to create a spot ether ETF in September, a pioneer who blazed the trail before a wave of other high-profile applicants. It has since dropped out of the race, likely because of the incoming intense fee battle, experts say.
Cathie Wood Says Ether ETF Filings Were Approved Because Crypto Is an Election Issue
Wood says the filings in support of ether ETFs were not approved in a regular way.
ARK Sells Last of Its ProShares Bitcoin Futures ETF Shares
The investment firm sold 237,983 BITO shares worth $6.7 million at Thursday’s closing price of $28.22 from its Next Generation Internet ETF (ARKW).
Cathie Wood’s ARK Invest Sold Nearly $150M Coinbase Shares Last Week
ARK Invest aims to have no individual holding surpass a 10% weighting of an ETF’s value, making such large sell offs necessary when an asset surges in value.
Cathie Wood’s ARK Offloads $90M Coinbase Shares Amid Slew of Analyst Upgrades
ARK offloaded Coinbase shares from ARK Innovation ETF, ARK Next Generation Internet ETF, and ARK Fintech Innovation ETF.