Ark Invest adds $20.5M Coinbase shares: COIN share price down 7%

Ark Invest purchased 301,347 Coinbase shares on Thursday. Ark had purchased more Coinbase shares on Wednesday. In February Ark purchased $30 million worth of Coinbase shares. Cathie Wood’s Ark Invest has remained bullish on Coinbase Global Inc (NASDAQ:COIN) stock despite the stock dropping by more than 10% since the beginning of March. On March 10, […]

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SEC rejects Ark 21Shares’ spot Bitcoin ETF again

SEC has denied the Ark Investment and 21 Shares joint spot Bitcoin ETF application. The agency says proposal failed to meet requirements as per securities laws, citing fraud and manipulative practices once again. It’s the second time the SEC has rejected an ETF proposal by the two firms, after denying the first one in April […]

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Coinbase Stock Drops Once More – How Low Will It Go?

Coinbase stocks have earned a reputation for hitting all-time lows of late, and investors no longer see it as a surprise. On Thursday, December 15, [...]

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Cathie Wood’s Ark Invest buys another $3.2 million worth of Coinbase shares

Ark Invest has invested another $3.2 million in Coinbase, bringing its total shares to 5.8 million. COIN is up by nearly 4% during Thursday’s pre-market trading session. Coinbase has underperformed this year and could record losses by the end of the year. Ark Invest purchases $3.2 million worth of Coinbase shares Cathie Wood’s Ark Invest […]

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ARK Investment Launches Its First Crypto Managed Account for RIAs

Independent managed account provider Eaglebrook Advisors has announced a partnership with Ark Invest to develop the ARK Cryptocurrency Strategy and ARK Crypto Asset Strategy. (Read More)

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Ark Invest Expands Research Arm, Focusing on Blockchain Technology and AI

Ark Investment Management LLC, owned by Cathie Wood, has expanded its research arm as it seeks deeper development in various fields, including blockchain and AI. (Read More)

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In 10 Years There Will Be 1 Billion Cryptocurrency Users, Coinbase CEO Predicts

Coinbase Global Inc. CEO Brian Armstrong said that within a decade the number of cryptocurrency users will reach one billion worldwide.

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Cathie Wood’s Ark Investment Picks Cash App Over PayPal

81% of Cash App's revenue came from Bitcoin last year.

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Cathie Wood says DeFi and NFTs among “big trends” to watch in 2022

Wood says blockchain technology is one of five trends alongside DNA sequencing, energy storage,…

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Ark Invest’s Cathie Wood reiterates $500K BTC price, cites institutional investor interest as key

Ark Invest CEO Cathie Wood says many institutional investors are yet to enter the…

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Ark Invest’s Cathie Wood hasn’t invested in the ProShares Bitcoin ETF

The investor said concerns about tax ramifications informed her decision to take time to…

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Why Cathie Wood’s ARK Investments Skipped Buying the First Bitcoin Futures ETF Shares?

It was unusual that ARK Investments did not buy ProShares Bitcoin futures shares during the debut trading on the public markets. Wood Cathie, the CEO of the investment firm, has given out reasons behind such moves. (Read More)

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Cathie Wood's Ark Invest Sold Over 98,000 Coinbase Shares

On Monday, famous investor Cathie Wood’s eye-catching fund sold over 98,000 shares of Coinbase.

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Ark Invest CEO Cathie Wood Predicts $500,000 Bitcoin Price By 2026

Ark Invest CEO Cathie Wood said she expects Bitcoin to soar to $500,000 in five years time during an interview at the SALT Conference on Monday.

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Cathie Wood’s Ark Investment Gets into Canadian Bitcoin ETFs As US SEC Delays Applications

Cathie Wood’s Ark Investment company has announced that it has invested into Canadian bitcoin ETFs. The firm’s move is likely influenced by delays and rejections of Bitcoin ETFs by the US SEC. (Read More)

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Crypto Flipsider News – September 13th – ADA’s Alonzo Update, Grayscale Trusts + ARK Investment, South Korea Crackdown, XRP + Ripple Executives

Read Monday's breaking news in the daily digest!

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Ark Investment: Autonomous Vehicles to Boost GDP by $26 Trillion, Save Over 1M Lives by 2030

Ark Investment predicts autonomous vehicles could add $26T to global GDP and save over 1M lives by 2030, transforming economies and consumer experiences. (Read More)

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SEC Delays ARK Invest And 21 Shares Spot Bitcoin ETF Application

The next decision date for the SEC on the application is scheduled for this November.

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Bitcoin's Dawn of the ETF Era: ARK Investment

According to a report ARK Investment, in June 2023, Bitcoin experienced a resurgence in institutional sentiment, with the supply of Bitcoin that had remained unmoved for at least a year reaching an all-time high of approximately 70% of the circulating supply. (Read More)

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Cboe Resubmits Spot Bitcoin ETF Filings With Coinbase as Surveillance-Sharing Partner Amid SEC Dissatisfaction

In response to reports suggesting that the recent wave of spot bitcoin exchange-traded funds (ETFs) filed in recent weeks did not meet the U.S. Securities and Exchange Commission’s (SEC) standards, the Chicago Board Options Exchange (Cboe) has resubmitted four 19b-4 filings for these ETFs. Notably, Cboe’s amended filings now include Coinbase as a partner in [...]

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