Wood Says ARK Is ‘Taking Profits’ as It Sells $26 Million in COIN
The sale comes a day after ARK sold $50.5 million of the crypto exchange’s stock. Source
Read MoreThe sale comes a day after ARK sold $50.5 million of the crypto exchange’s stock. Source
Read MoreCathie Wood's ARK Sells Another $50.5M Coinbase Shares Source
Read MoreAs the stock price of Coinbase (COIN) reaches a 52-week high, Ark Invest, the investment management firm led by Bitcoin (BTC) bull Cathie Wood, has recently divested more of its Coinbase shares.Following Ark Invest's significant acquisition of Coinbase shares during the bear market, the investment firm has recently sold off
Read MorePro-Bitcoin (BTC) Investment veteran Cathie Wood is taking some profits from ARK Invest's large Coinbase (COIN) holdings by selling a small portion of its COIN stash.On July 11, Wood’s investment firm ARK offloaded 135,152 Coinbase shares ($12 million) from one of its major exchange-traded funds, the ARK Innovation ETF (ARKK).
Read MoreARK currently owns 11.03 million shares of Coinbase. Source
Read MoreCboe has amended its spot Bitcoin ETF proposal to include an SSA agreement for market surveillance, to prevent fraudulent activity. The Cboe BZX Exchange updated a 19b-4 filing to amend its ARK 21Shares Bitcoin ETF proposal. The exchange amended the filing to add a feature that helps prevent market manipulation and
Read MoreShare Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Cathie Wood’s ARK Investment Management is speculated to be leading the competition for a bitcoin (BTC) exchange-traded fund (ETF), ahead of investment giant BlackRock, according to recent industry reports. Renowned bitcoin-supportive company, ARK Investment Management, helmed by
Read MoreARK Investment Management has amended its spot Bitcoin exchange-traded fund (ETF) application with the U.S. Securities and Exchange Commission (SEC), making it similar to BlackRock's recent filing. The amendments include a surveillance sharing agreement with the Chicago Mercantile Exchange (CME) futures markets and crypto exchange, most "likely Coinbase", said Bloomberg's ETF
Read MoreARK's application may now be in pole position to be approved first as as it was filed earlier than BlackRock's. Source
Read MoreCrypto asset manager Scytale Digital led the Series C extension round for the NFL Rivals creator. Source
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