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The Latest Breaking News from Ark Invest

Elon Musk is impressed with Cathie Wood's latest research

The ambitious investor caught Musk's eye with ARK's most recent prediction.

The Street

Tesla Stock Hit 10-Month Lows But Dive Doesn't Scare Cathie Wood

Tesla stock hit levels not seen since May 2023 Thursday and Cathie Wood bought the dip, spending $35 million on TSLA shares.

Investors Business Daily

Tesla Bull Says This Could Be The Year The EV Giant Loses Money. Cathie Wood Shovels Up Cheap Shares.

Morgan Stanley's Adam Jonas lowered his price target and cut projections Tuesday.

Investors Business Daily

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Toncoin Soars After Telegram Announces TON Blockchain Integration For Creator Ad Revenue Payouts

Toncoin has jumped more than 20% in the last 24 hours in a rally driven largely by Telegram's unveiling of a new ad platform that will pay channel owners through the TON blockchain.

International Business Times

ARK Invest, 21Shares Up Transparency With Chainlink Integration For Bitcoin ETF

ARK Invest and 21Shares has followed in Bitwise's footsteps, announcing they will disclose their spot BTC EFTs reserves through Chainlink's reserve proof platform.

International Business Times

Coinbase, IBD Stock Of The Day, Surges Above Buy Point As Bitcoin Nears $55,000

Coinbase, Stock Of The Day, leapt back above a buy point as bitcoin price cleared $53,000 to a fresh two-year high.

Investors Business Daily

ARK Invest’s Cathie Wood is Searching for the Next Big Thing

ARK Invest’s Cathie Wood talks robo-taxis, crypto, AI and more.

Kiplinger

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ARK Invest's Latest Maneuver Reveals Strategic Play Of Boosting ARKB Holdings While Shedding BITO

ARKB, on its eighth day of trading, the fund experienced a notable inflow of $110.5 million, further solidifying its position as an attractive investment vehicle in the Bitcoin ETF landscape.

International Business Times

ARK's Wood Forecasts Bitcoin Will Take A Bite Out Of Gold's Market Share, Reach $1M

Wood thinks Bitcoin holds the potential to attain a valuation of $1 million per unit at some point in the future, albeit not in the immediate term.

International Business Times

BlackRock's IBIT Breaks The Billion Barrier: Top Executive Sheds Light On Inflow Surge

BlackRock's IBIT made a rare feat in the history of exchange-traded funds when it reached more than $1 billion in inflows within its first four days of trading.

International Business Times

DraftKings Stock Spikes, Flashes Bullish Signal; Cathie Wood Unloads Shares

DKNG stock leapt 7% Thursday to jump above its 50-day line after DraftKings launched in Vermont on Jan. 11. Cathie Wood's ARK sells shares.

Investors Business Daily

ARK Invest's Strategic Gambit: Betting Big on Spot Bitcoin ETF's Potential

ARK Invest executed a strategic reallocation of its assets on Tuesday, divesting some of its holdings in ProShares Bitcoin Strategy ETF (BITO).

International Business Times

Cathie Wood Spent $50 Million On Tesla Stock Last Week As It Broke Below Key Support

Wood's Ark Invest likes to buy on the cheap, and TSLA stock has fallen nearly 12% in January.

Investors Business Daily

From Skepticism To Possibility: Musk Contemplates Bitcoin For Mars Colony

Musk, initially skeptical, is now reconsidering the use of Bitcoin as a potential currency for Mars colonization, contemplating its feasibility and the challenges of transaction times in space.

International Business Times

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International Business Times

Gensler 'Denigrated The Whole Crypto Space' After Approving Bitcoin ETF: ARK's Cathie Wood

But, along with the SEC's approval is Gensler's statement outrightly distancing himself from Bitcoin and the broader cryptocurrency industry, which did not fall right on the ears of high-profile individuals in the industry, particularly of ARK Invest's Wood.

Investors Business Daily

SEC Approves Bitcoin ETF Proposals — For Real This Time. First Trading Day Closes.

The SEC finally approved 11 spot bitcoin ETF applications late Wednesday. Trading launched Thursday. ETFs lost ground as bitcoin reversed from $49,000.

Investors Business Daily

Dow Jones Rallies As Nvidia Clears Entry; Cathie Wood Loads Up On This Stock Despite 28% Plunge

The Dow Jones reversed higher despite a dive by Boeing stock. Nvidia stock and Apple stock gained. Cathie Wood loaded up on a plunging stock.

International Business Times

Spot Bitcoin ETF Fee War Escalates Prior To SEC's Approval Announcement

ARK 21 and VanEck's spot Bitcoin ETFs lead with a 0.25% fee, followed by Fidelity at 0.39%, Wisdom Tree at 0.50%, Invesco at 0.59%, Valkyrie at 0.80% and Hashdex at 0.90%.

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International Business Times

Chance Of SEC Rejecting Bitcoin ETF Down To 5%, Says ETF Analyst

Aside from industry experts sharing their forecasts on the possibility of the SEC approving or rejecting spot Bitcoin ETF proposals, the crypto community is also betting on it.

StockNews.com

ARK Innovation ETF (ARKK) Spotlight: 2024 Insights

ARK Innovation (ARKK), spearheaded by Cathie Wood's ARK Invest, continues to prosper owing to its robust market outperformance, strategic Tesla (TSLA) additions, upbeat analyst sentiment, and optimism for a bitcoin ETF. Among all of this, let's see if ARKK might be a wise investment. Read on….

Investors Business Daily

Bitcoin ETFs Are Finally Here. Crypto Investing Will Never Be The Same.

Spot bitcoin ETFs, and bitcoin prices, were off to a weak start after SEC approval. Is a revolution underway, or will the trend continue?

International Business Times

SEC To Start Notifying Spot Bitcoin ETF Issuers Of Approval On Friday: Report

The SEC is possibly nearing the approval of spot Bitcoin ETF applications based on the latest development this week.

International Business Times

ARK Invest Continues COIN, Robinhood Sell-off As Spot Bitcoin ETF Decision Looms

ARK Invest purchased over 105,000 shares of Tesla while simultaneously selling off COIN shares worth over $25 million Wednesday.

The Street

Cathie Wood pours $25 million into Tesla following record 2023 car sales

Shares of the company more than doubled in 2023.

International Business Times

ARK Files Final Spot Bitcoin ETF Amendment Ahead Of SEC's Deadline

Last week, it was reported that the SEC met with hopeful spot Bitcoin ETF issuers to iron out details of their filings and inform them of a deadline for submitting amended proposals on Dec. 29.

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