El Salvador’s Leap into the Future: Bitcoin and AI
TL;DR Economic Strategy: President Nayib Bukele and ARK Invest CEO Cathie Wood, both Bitcoin enthusiasts, aim to use Bitcoin to revitalize El Salvador’s economy and...
Tag : Ark Invest
Ark Invest Takes Profits Following the Rise in Coinbase Shares
TL;DR ARK Invest sold a significant portion of its shares in Coinbase due to the increase in their price. This profit-taking strategy is part of...
ARK Invest Makes Significant Sales of Coinbase and Robinhood Shares
TL;DR ARK Invest sells $34 million in Coinbase shares and $1.5 million in Robinhood shares on February 14, marking its first big sale of the...
Cathie Wood Predicts Bitcoin Could Be Worth $1.5M By 2030
In an optimistic turn for cryptocurrency enthusiasts, Cathie Wood, CEO of ARK Invest, has revised upward her projections for the price of Bitcoin....
Bitcoin ETF Fee War Heats Up as BlackRock, Fidelity, and Ark Slash Costs
As the U.S. Securities and Exchange Commission (SEC) is expected to announce its decision on the approval of spot Bitcoin ETFs exchange-traded funds today, several...
The Bitcoin ETF Could Be Approved This Week. Find out what Day!
Several applicants, including BlackRock, Ark Invest/21Shares, VanEck, WisdomTree, Invesco, Fidelity, and Valkyrie, have submitted revised S-1 forms. This is the final stage before the potential...
ARK Invest Sales of Coinbase (COIN) Stocks Reached Almost $200 Million in December
In a significant move, ARK Invest, led by Cathie Wood, has been consistently selling its shares of the crypto exchange Coinbase (COIN) throughout December 2023....
Ark Invest Cashes Out on Coinbase Shares as Bitcoin Prices Soar
Cathie Wood’s Ark Invest, a prominent investment management firm, has reportedly sold $5.3 million worth of shares in Coinbase Global Inc. This move comes amid...
Coinbase Shares Gain Over 50% in Two Weeks
After the sharp increase in the cryptocurrency market lately, Coinbase stock (COIN) has also joined the party by gaining around 60% in the last two...
Cathie Wood’s Ark Invest Dumps $75 Million Worth of Coinbase Stocks Amid SEC’s Investigation
The third largest shareholder in Coinbase Global, Ark Invest, sold off roughly 1.41 million shares, valued at $75 million, on Tuesday morning, just a day...