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 (Latest Publications)
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
ARK Invest’s Latest Report Warns of Key Bitcoin Price Levels: $46K or Bust?
TL;DR Critical Support Level: ARK Invest’s latest report emphasizes the importance of Bitcoin maintaining the $46,000 support level, marking a “make-or-break moment” for the cryptocurrency. Bearish
Spot Bitcoin ETFs Hit by $127M Outflows After Eight Days of Gains
TL;DR US spot Bitcoin ETFs saw $127 million in net outflows after eight days of gains, with ARKB ETF leading the outflows at $101.97 million. Overall trading
Bitcoin ETFs Bounce Back: $31 Million Inflows Break Week-Long Outflow Streak
TL;DR Bitcoin ETFs Reverse Outflow Trend: After a week of investors pulling money out of Bitcoin ETFs, the trend reversed on June 25th with a net
Ethereum ETFs Face Rejection in May, Warns VanEck CEO Amid SEC Silence
TL;DR The community awaits responses regarding the approval of Ethereum ETFs in the US. Jan van Eck, CEO of VanEck, expressed skepticism about a positive outcome
ARK 21Shares ETF Sees Massive Outflows Surpassing Grayscale’s GBTC
TL;DR Significant movements occurred in the fund flows to and from Bitcoin investment funds. ARK 21Shares Bitcoin ETF saw fund outflows of $88 million, surpassing Grayscale’s
ARK 21Shares Bitcoin ETF Surges with Record $200M Daily Inflows Amid Bitcoin Price Volatility
TL;DR Record Inflows for ARKB: The ARK 21Shares Bitcoin ETF, co-sponsored by ARK Invest, experienced a surge in daily inflows, reaching over $200 million despite Bitcoin’s
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