Tag: ARK Invest
Cathie Wood's ARK Invest Offloads a Further $4.7M Worth of Coinbase Shares
COIN reached its highest level since April 2022, rising to $130.31 on Wednesday.
www.coindesk.com [...]
ARK Invest Sells $5M More COIN; Buys HOOD, SOFI
Cathie Wood's investment management firm ARK Invest sold a further $5 million worth of Coinbase (COIN) stock on Wednesday while buying $2 million of s [...]
Cathie Wood’s ARK Invest Sold $5M Worth of GBTC Shares Last Week
The discount shrank to 8.6% on Friday, the lowest since July 2021, in a sign of escalating optimism that a spot bitcoin exchange-traded fund (ETF) wil [...]
Spot Bitcoin (BTC) ETF Approval Held Hostage to Gary Gensler’s Political Ambitions
Riffing, then, on what the explanation might be for the SEC's continued rejections of spot ETF applications, Wood referred to "speculation" surroundin [...]
Cathie Wood’s ARK Invest ARKW Fund Sold $6M of Grayscale Bitcoin Trust (GBTC) Shares Amid Rally
ARK offloaded 201,047 GBTC shares from its Next Generation Internet ETF (ARKW), according to an emailed update. The shares were valued $6.03 million b [...]
ARK Snaps Up $9.5M HOOD Shares Day After Robinhood Announces European Expansion
The fund continues to sell GBTC as shares have rallied 235% this year, outperforming bitcoin and traditional risk assets.
www.coindesk.com [...]
Bitcoin (BTC) Works in Inflationary and Deflationary Periods Says Ark’s Cathie Wood
BTC's reputation as a potential inflationary protection investment is in step with the crypto's comparisons to digital gold. While Wood acknowledged t [...]
Cathie Wood’s ARK Sells Grayscale Bitcoin Trust Holdings, Coinbase for Second Day
Cathie Wood’s fund is continuing to sell crypto-related stocks as the market hits a high not seen since early 2022.
www.coindesk.com [...]
Cathie Wood’s ARK Invest Sells 2% of Grayscale Bitcoin Trust Holdings as BTC Tops $34K
The fund sold 100,739 shares, equivalent to around 2% of ARK's Next Generation ETF (ARKW) holdings. The sale coincided with bitcoin (BTC) enjoying a b [...]