Cathie Wood-led Ark Investment announced they have bought $20 million worth of bitcoin as per the company’s filing with the SEC. The company had earlier added bitcoin exposure to their popular funds via investment in companies such as Microstrategy and Grayscale Bitcoin Trust fund (GBTC) purchases. Wood is a known Bitcoin proponent who has advocated
Jack Dorsey led Square Inc along with Ark Investment released a White paper on Bitcoin’s growing influence on bringing renewable energy usage to the forefront. The white paper comes in the wake of growing controversy around the high energy consumption by the bitcoin network, which mostly ignores the fact that the majority of Bitcoin mining
Cathie Wood led Ark Investment Fund bought an additional 341,186 Coinbase shares estimated to be worth $110 million, a day after purchasing nearly $250 million worth of shares yesterday. The investment fund had added 1.76% $COIN exposure to its flagship Ark Innovation ETF (ARKK.P), it’s Next Generation Internet ETF (ARKW.P), and Fintech Innovation ETF (ARKF.P), and the newly bought
Coinbase ($COIN) made its official public debut yesterday on Nasdaq with an opening price of $381 and reached a daily high of $429.54 before closing the day at $310. The pre-market share of $COIN listed on FTX registered a new high above $400 today as Cathie Wood led Ark Investment bought 749K shares of $COIN,
WallStreetBets, the popular Reddit group of retail investors behind the controversial GameStop (NYSE: GME) rally, has welcome the current crypto market rally as Bitcoin (BTC) clocks an all0time high above $64,700 on Wednesday, April 14. The Reddit web forum has started a thread for crypto discussion for cryptocurrencies Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE).
Cathie Wood led Ark Investment’s flagship ETFs with ticker symbol ARKK and ARKX added $1 billion in a single day. The Ark Innovation ETF (ARKK) added $717 million while Ark Ark Space Exploration and Innovation fund (ARKX) brought in $281 million, making it the record inflow for the investment management fund. The recent record inflow