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.
Binary trading platforms with better performance and payouts
Markets
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.
The spot bitcoin ETFs saw $284 millions of inflows over the same period, signaling a stark divergence in investor sentiment.
Crypto money managers warned that without a billion-dollar balance sheet or a clear framework for risk, most Bitcoin treasuries will struggle to stand out.
QCP flags governance risk and a softer dollar as tailwinds for hedges like BTC and gold, but Flowdesk’s options desk and Polymarket traders point to ETH as the market’s upside play into September.
Almost $250 million worth of derivatives positions were liquidated in the past 24 hours despite a relative lack of volatility.
Glassnode data shows long-term holders growing their share of supply, challenging the narrative of widespread OG distribution.
Mag7 + Crypto Equity Index Futures are coming to the crypto exchange on September 22.
Crypto options platform PowerTrade reports that traders are betting on a strong year-end rally in several altcoins, including SOL, XRP, TRUMP, HYPE, LINK.
A weaker US jobs market has strengthened the case for easing, and investors are seeking protection in hard assets, some opine.
There’s not an unlimited pool of capital available for crypto, and ether attracted the big money this month.