Tag: ARK Invest
Cathie Wood’s ARK Invest Sells Last of Its ProShares Bitcoin Futures ETF (BITO) Shares
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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 [...]
Cathie Wood Trims Coinbase as Ark Invest Navigates Booming Crypto Market
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field [...]
Bitcoin (BTC) ETF Reserves to Be Disclosed by Cathie Wood’s Ark and 21Shares
ARKB has been among the more successful of the 10 spot bitcoin ETFs launched on Jan. 11. As of the end of the day Monday, the fund had accumulated 33, [...]
ARK Invest Sells $34.4M of Coinbase Shares After One-Month Hiatus
Coinbase, the only U.S.-listed crypto exchange, has climbed 19% since then, including a 14% jump yesterday that took the share price to $160.38 as bit [...]
Cathie Wood Says BTC ETFs Mean ‘Substitution’ From Gold Into Bitcoin Will Continue
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ARK Invest Says Optimal BTC Portfolio Allocation For 2023 Was 19.4%
"Over the last seven years, Bitcoin has registered an annualized return far surpassing that of major asset classes, with an optimal allocation rising [...]
ARK Bought $62.3M Worth of Own ARK 21Shares Bitcoin ETF (ARKB) in Last Week; Sold $42.7M of ProShares Bitcoin Strategy (BITO)
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ARK Sells $15M of ProShares Bitcoin Strategy ETF and Buys its Own ETF
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ARK Reshuffles Nearly $15.9M From ProShares Futures ETF to Its Own Spot ETF
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Cathie Wood Sees Bitcoin (BTC) Price Reaching $1.5M By 2030 After ETF Approval
The ARK Invest CEO also said a bear case would see the price rise to $258,500 and a base case of $682,800. ARK backed up the previous $1 million price [...]
Bitcoin ETF Approval Effects Won’t Be Seen for Months: 21Shares Co-Founder
Wealth-management firms must adhere to various processes before they can add the ETFs to their list of approved allocations, said Snyder, whose Zug, S [...]
ARK’s ETF Rebalancing Continues With $20.6M Coinbase (COIN) Sale
Its largest weighing of Coinbase stock is in its Innovation ETF (ARKK), which holds over $850 million worth of COIN. The latest offload brings its wei [...]
Cathie Wood’s ARK Invest Sells Another $4.2M of COIN Stock
Coinbase stock's rally in the last 3 months of 2023, which saw the price increase by over 130%, took its weighting in ARK's Innovation ETF (ARKK) abov [...]
Cathie Wood’s Investment Firm Sells $25M of COIN Stock
ARK's ETFs have a target weighting whereby no individual holding exceeds 10% of the fund's total value. Having more than doubled in price in the last [...]