ARK Invest Dumps Coinbase Shares Even as Analysts Say Stock Is ‘Going Vertical’
TL;DR Coinbase stock surged around 45% in recent weeks to record highs, driven by ETF optimism and rising institutional demand. Despite the rally, ARK Invest sold
ARK Invest (Latest Publications)
ARK Invest Trims Nearly $45M in Circle Shares Amid GENIUS Act Surge
TL;DR Strategic Adjustments: ARK Invest divested roughly $45M in Circle shares, capitalizing on new market dynamics following the bipartisan Senate approval of the GENIUS Act. Regulatory
Ark Invest Acquires $373M in Circle Stock Following Strong NYSE Debut
TL;DR Ark Invest put $373.4 million into Circle shares after its stock market debut, which closed with a nearly 200% surge on its first day. To
ARK CEO Forecasts $700K–$1.5M Bitcoin by 2030 Amid Shrinking Supply
TL;DR Cathie Wood expects Bitcoin to reach between $700,000 and $750,000 by 2030, with a bullish scenario of up to $1.5 million. ARK Invest believes BTC’s
ARK Invest Goes All In: 2030 Bitcoin Price Forecast Soars to $2.4M in Bullish Outlook
TL;DR ARK Invest’s bold forecast: Bitcoin’s bull-case price target is now set at an astounding $2.4M by 2030, fueled by its limited supply and growing institutional
ARK Sells Bitcoin ETF, Invests $26.6M in Coinbase Amid Market Shifts
TL;DR Strategic Bet on Coinbase: ARK Invest acquired $26.6M in Coinbase shares in two transactions, showing strong confidence despite market turbulence. Bitcoin ETF Reduction: The firm
Ark Invest’s Crypto Strategy Shifts: Swaps Bitcoin ETFs for Coinbase Shares
TL;DR Ark Invest bought 41,032 Coinbase shares for $8.7 million and sold $8.6 million of its Bitcoin ETF to balance its portfolio. Bitcoin dropped 10% in
ARK Invest’s Cathie Wood Rejects Trump Coin, Citing Lack of Utility
TL;DR Cathie Wood, CEO of ARK Invest, has expressed skepticism towards Trump Coin, comparing it to the ICO boom of 2017 due to its speculative nature.
Ark Invest Founder Cathie Wood Reaffirms $1.5M Bitcoin Target by 2030
TL;DR Cathie Wood, CEO of Ark Invest, reaffirms her $1.5 million Bitcoin target by 2030, citing positive developments in the cryptocurrency space. Key factors include the
Bitcoin ETFs Record Largest Daily Outflows of 2024 as Market Liquidations Top $1B
TL;DR Bitcoin ETFs experienced their largest single-day outflows of the year, with investors withdrawing $671.9 million, coinciding with Bitcoin’s price falling below $100,000. Over $1 billion
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