The American investment management firm ARK Invest has filed with U.S. regulators to roll out two crypto index exchange-traded funds associated with the CoinDesk 20 index, highlighting the first push of the company into wider crypto exposure after Bitcoin. As per the regulatory filing, the given ETFs would trace down
Ark Invest, led by their fund manager Cathie Wood, continued its strategic push into Coinbase (COIN), acquiring $4.8 million worth of shares on Tuesday. Ark invested in 31,730 shares of Coinbase ahead of U.S. President Donald Trump’s tariffs becoming effective at midnight on Wednehaven’tsday through three of their exchange-traded funds
Across three of its exchange-traded funds, Ark Invest led by Cathie Wood sold 70,616 shares of Coinbase on Tuesday, for a total of $15.1 million. Recent trade filings show that the investment business headed by Cathie Wood sold 45,915 shares ($9.8 million) from its Innovation ETF (ARKK), 17,755 shares ($3.8
It was reported on December 8 that Ark Invest, which is managed by Cathie Wood, sold 335,860 shares of Coinbase (COIN) for $49 million. There were sales of 326,925 Coinbase shares by the ARK Innovation ETF (ARKK), 2,367 COIN shares by the ARK Next Generation Internet ETF (ARKW), and 6,568
According to on-chain data, since November 1st, a whale has bought nearly 40 million(Worth about $60 million USD) ARK coins(22.5% of the total ARK supply.) from Binance and withdrew them to cold wallets. Associated wallets: Introduction: ARK, a blockchain platform renowned for its commitment to interoperability, has been making waves
Cathie Wood’s Ark Invest has taken a surprising step by submitting a third amendment to its Bitcoin ETF application, which includes many key enhancements that have caught the curiosity of the financial industry. Eric Balchunas, an ETF specialist at Bloomberg, broke the news, calling it “a positive step forward” in
In light of the recent market upsurge caused by speculation about the launch of a spot BTC ETF, ARK Investment led by Cathie Wood sold shares of the Grayscale Bitcoin Trust (GBTC). The ARK Next Generation Internet ETF (ARKW) sold 100,739 GBTC shares on 23 October for $2.5 million. This
Cathie Wood, the CEO of Ark Invest, has reportedly sold millions of dollars’ worth of shares in Coinbase (COIN) and Robinhood (HOOD) ahead of the businesses’ projected weaker-than-expected second-quarter earnings reports. Despite Cathie Wood’s continued Bitcoin optimism, her firm, Ark Invest, has been unloading its crypto-related stock holdings. Since the
As Coinbase stock prices near a 52-week high, Ark Invest, the investment management business run by Cathie Wood, has liquidated some of its holdings in the company. After acquiring millions of dollars’ worth of Coinbase shares during the bear market, Ark Invest sold off part of its holdings twice this
Despite the electric vehicle (EV) titan reaching eight-month highs and up over 28% in June, the Cathie Wood-led Ark Invest business cut large Tesla stock holdings on Tuesday. The investment management business received $8.6 million in exchange for selling 31,500 of Elon Musk’s Tesla shares. Ark Invest, led by Cathie
