#ark-invest

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bitcoin
Coindesk
2 weeks ago
Cryptocurrency

First Mover Americas: Bitcoin Holds Stable as ETF Outflows Increase

Bitcoin price remains strong despite ETF outflows. ARK Invest sold all BITO shares. EU adopts tighter laws on money laundering and terrorism financing. [ more ]
Coindesk
1 month ago
Cryptocurrency

Cathie Wood Calls Bitcoin a 'Financial Super Highway,' Reiterates $1.5M Price Target

Bitcoin is seen as a "financial super highway" with important use cases in emerging markets.
Ark Invest CEO Cathie Wood views bitcoin as both a risk-off and risk-on asset, highlighting its potential in the macroeconomic environment. [ more ]
Coindesk
3 months ago
Cryptocurrency

First Mover Americas: Bitcoin Regains $42K Following Wednesday's Dip

Bitcoin remains below $43,000 after Fed Chair Jerome Powell's comments on interest-rate cuts.
ARK Invest recommends allocating under 20% of portfolio to crypto, with bitcoin at 19.4% in 2023. [ more ]
Coindesk
3 months ago
Cryptocurrency

First Mover Americas: Bitcoin Regains $41K in End of Week Rally

Bitcoin price rises by 2.6% in the last 24 hours.
ARK Invest sells shares of ProShares Bitcoin Trust ETF and buys shares of ARK 21 Shares Bitcoin ETF. [ more ]
Coindesk
3 months ago
Cryptocurrency

ARK Bought $62.3M Worth of Own ETF in Last Week; Sold $42.7M of BITO

ARK Invest is offloading shares of ProShares Bitcoin Trust ETF (BITO) while accumulating its own spot bitcoin ETF.
In the last week, ARK Invest sold over 2 million shares of the BITO ETF, worth around $42.8 million, and purchased over 1.5 million shares of the ARKB ETF, worth approximately $62.3 million. [ more ]
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bitcoin-etf
Coindesk
2 months ago
Cryptocurrency

Ark and 21Shares to Disclose Spot Bitcoin ETF Reserves Via Chainlink Integration

Ark Invest and 21Shares are enhancing transparency by making bitcoin reserves public for ARKB.
Integration of Chainlink's Proof of Reserve platform for verification of holdings data in ARKB. [ more ]
Coindesk
3 months ago
Cryptocurrency

ARK Buys $15.9M Worth of Its Own Bitcoin ETF

ARK Invest purchased $15.9 million worth of shares in its own bitcoin ETF.
ARK also sold $15.8 million worth of shares in the ProShares Bitcoin Strategy ETF. [ more ]
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cathie-wood
www.coindesk.com
3 months ago
Cryptocurrency

Cathie Wood's ARK Invest Sells Coinbase Shares for First Time in a Month

ARK Invest sold $34.3 million worth of Coinbase stock ahead of the crypto exchange's fourth-quarter earnings report.
Coinbase's stock price has risen 19% since ARK Invest last sold shares on Jan. 11.
Coinbase is expected to report stronger earnings and revenue due to increased trading volume during the crypto market rally. [ more ]
Coindesk
4 months ago
Cryptocurrency

First Mover Americas: MicroStrategy Buys More BTC and ARK Invest Buys BITO

MicroStrategy continues to increase its bitcoin holdings, purchasing an additional 14,620 BTC for $615.7 million.
ARK Invest, led by Cathie Wood, sold its remaining holdings of the Grayscale Bitcoin Trust and purchased shares of the ProShares Bitcoin Strategy ETF. [ more ]
Coindesk
5 months ago
Cryptocurrency

Cathie Wood's ARK Invest Offloads Nearly $13M Worth of Grayscale Bitcoin Trust Shares

ARK Invest sold $12.85 million worth of GBTC shares, the largest sale in over a year.
ARKW now holds about $112.7 million worth of GBTC, a weighting of 6.95%. [ more ]
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Coindesk
2 weeks ago
Cryptocurrency

ARK Sells Last of Its ProShares Bitcoin Futures ETF Shares

ARK Invest sold all BITO shares anticipating spot bitcoin ETF approval.
ARK's ARKW fund no longer holds BITO shares, ARKB now has 10.4% weighting. [ more ]
Coindesk
3 months ago
Cryptocurrency

Ether Tops $2.4K as Cathie Wood's Ark, 21Shares Amend Spot ETH ETF Filing

Ethereum's native token ether (ETH) jumped above $2,400 to a two-week high after Ark Invest and 21Shares amended their spot ETH ETF filing.
The updated filing brings the ETF more in line with spot bitcoin ETFs approved by regulators last month. [ more ]
Coindesk
5 months ago
Cryptocurrency

First Mover Americas: JPMorgan Cautious About Crypto Markets in 2024

JPMorgan expects ether to outperform bitcoin due to an upgrade that will make the Ethereum blockchain more scalable.
ARK Invest sold a significant amount of Coinbase shares as the price of the crypto exchange reached a 20-month high. [ more ]
Coindesk
5 months ago
Cryptocurrency

Cathie Wood's ARK Invest Sells $33M of Coinbase Shares, $5.9M of Grayscale Bitcoin Trust

ARK Invest sold $33 million worth of Coinbase stock and $5.9 million worth of Grayscale's Bitcoin Trust shares.
ARK frequently accumulates crypto-related shares at low prices and sells them when they show bullish momentum. [ more ]
www.cnbc.com
1 month ago
Artificial intelligence

Cathie Wood takes a stake in OpenAI, saying it's at the forefront of a 'Cambrian explosion' in AI

Cathie Wood's Ark Invest invested in OpenAI due to its significant role in advancing AI technology, with ChatGPT appealing to millions. [ more ]
The Motley Fool
1 month ago
Marketing tech

Cathie Wood's Ark Invest Is Selling Nvidia Stock and Buying This Artificial Intelligence (AI) Growth Stock | The Motley Fool

Nvidia may face challenges due to overbuilding GPU capacity without sufficient software revenue.
Ark Invest favors The Trade Desk as a potential investment over Nvidia. [ more ]
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