Ark Invest News

According to ARK Invest CEO Cathie Wood, Bitcoin's remarkable 130% rally in the past year can be derived from the global devaluation of national currencies.

Cathie Wood addressed the Bitcoin Investor Day conference in New York on Friday and shared her thoughts on how Bitcoin's price could soar.

Ark Invest, led by Cathie Wood, has sold nearly $31 million worth of Coinbase shares as Bitcoin approached a new all-time high, nearly reaching the $69,000 mark on March 4. The investment manager executed the sale of 134,749 Coinbase shares…

ARK Invest and 21Shares have partnered with Chainlink to enhance the transparency of its Bitcoin ETF.

Cathie Wood’s ARK Invest has offloaded more than $97 million in Coinbase (COIN) shares in February alone, according to trading history. Despite Coinbase‘s impressive Q4 earnings report, which revealed a revenue of $953.8 million, surpassing analysts’ projections, ARK Invest appears…

Although analysts expect Coinbase revenue for Q4 2023 to be up 40% from Q3, this did not stop ARK Invest from dumping $33.6 million worth of COIN shares. Shares of the U.S.-based cryptocurrency exchange Coinbase (Nasdaq: COIN) have surged nearly…

ARK Invest, a key player in the issuance of a spot Bitcoin exchange-traded fund (ETF) in the United States, has executed its first major sale of cryptocurrency-related stocks this year.  On Feb. 14, the firm divested itself of 214,068 shares…

Cathie Wood, CEO and CIO of Ark Invest, recently expressed her views on the likelihood of the U.S. Securities and Exchange Commission (SEC) approving exchange-traded funds (ETFs) for cryptocurrencies beyond Bitcoin and Ethereum. During an appearance on the Wall Street…

Cathie Wood, ARK Invest CEO, has been vocal about her belief in Bitcoin's potential to overshadow gold as the preferred safe-haven asset. 

ARK Invest’s latest report heralds Bitcoin as a dominant force in the investment world, advocating for a substantial 19.4% portfolio allocation.  The firm’s comprehensive analysis, detailed in its “Big Ideas 2024” report published on Jan. 31, highlights Bitcoin’s (BTC) impressive…

On Jan. 16, the total volume generated by 10 spot Bitcoin ETFs surpassed the cumulative volume of all 500 ETFs launched in 2023, exceeding it by more than three times. As per data from Yahoo Finance, the 10 newly approved…

ARK Invest has offloaded a further $20.6 million in Coinbase (COIN) shares, spanning three of its exchange-traded funds (ETFs). Of the Coinbase shares sold on Jan. 5, by Cathie Wood‘s investment firm, 107,151 shares ($16.5 million) were from the Innovation…

Cathie Wood’s investment form Ark Invest has again sold shares of the Coinbase crypto exchange. According to the latest data, the deal took place on Jan. 4. Ark Invest sold another 26,743 shares of Coinbase Global Inc. for $4.1 million.…

ARK Invest, led by Cathie Wood, sold 166,183 shares of Coinbase Global Inc., valued at around $25.3 million, continuing its trend of offloading shares of the cryptocurrency exchange. The firm’s latest filings reveal that the ARK Innovation ETF (ARKK) offloaded…

Cathie Wood’s investment fund Ark Invest has sold all its remaining assets of the Grayscale Bitcoin Trust (GBTC). Bloomberg analyst Eric Balchunas reported that half of the proceeds from the GBTC sale, amounting to a significant $100 million, were used…

Cathie Wood thinks U.S. Securities and Exchange Commission (SEC) is likely to approve spot Bitcoin (BTC) ETFs in January, 2024. Ark Invest CEO Cathie Wood believes SEC will approve spot Bitcoin ETFs by Jan. 10, 2024. She believes that this…