Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from ARK

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

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.

International Business Times

Bitcoin Leads Market-Wide Rally As SEC Approves 11 Bitcoin ETFs

Bitcoin saw a significant spike in its value Wednesday following the approval of Bitcoin ETF in the country, although it was nowhere near its all-time high price of $69,000 in November 2021.

International Business Times

From analysis to the latest developments in health,
read the most diverse news in one place.

Dow Jones Futures Await Inflation Data; Microsoft Leads 5 New Buys; Bitcoin Rises On ETF Approvals

Big techs led the market Wednesday. Microsoft flashed a buy signal, nearing Apple's valuation. The SEC approved Bitcoin ETFs. The CPI inflation report is due.

Investors Business Daily

BlackRock and Grayscale among 11 firms approved for spot Bitcoin ETFs in long-awaited SEC decision

The agency was forced into action after a landmark court victory by the crypto firm Grayscale and the arrival of major players like BlackRock and Fidelity.

Fortune

Bitcoin ETF Fee War Persists As BlackRock, ARK 21Shares Cut Fees Ahed Of SEC Decision

The fee war in the Bitcoin ETF is expected since the SEC is anticipated to approve multiple applications simultaneously and issuer will offer the best fee to get the market share.

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%.

International Business Times

Read news from The Economist, FT, and more,
with one subscription

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.

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.

International Business Times

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

Shares of the company more than doubled in 2023.

The Street

Bitcoin Critic Jamie Dimon's JP Morgan To Purchase BTC For BlackRock, Valkyrie

Dimon made headlines last month when he vocally criticized Bitcoin, the world's largest crypto asset by market capitalization, saying he would "close down" BTC if he was the one running the U.S. government as the crypto asset, along with other cryptocurrencies, is used by criminals.

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.

International Business Times

Cathie Wood, ARK Invest Offload GBTC, Shake Up Crypto Holdings Ahead Of Bitcoin ETF Approvals

Cathie Wood and her ARK Invest firm unloaded all of their GBTC holdings and purchased $92 million of this bitcoin ETF instead.

Investors Business Daily

Cathie Wood Rises To The Top Again — If You Ignore This Fact

The comeback of Cathie Wood's ARK Innovation fascinated investors in 2023. But it's only part of the year's story.

Investors Business Daily

Get all your
news in one place.

100’s of premium titles.
One news app.

International Business Times

ARK Offloads GBTC Stake To Fund Ark 21Shares Bitcoin ETF: Analyst

Half of the proceeds from ARK Invest's GBTC sale, approximately worth $100 million, were used to purchase the BITO Bitcoin Futures ETF.

The Street

Cathie Wood criticizes Ford, GM shareholders for 'short-term' thinking

Cathie Wood's Ark Invest believes in disruptive innovation. Ford and GM, she said, are missing out.

International Business Times

Grayscale Surrenders To SEC's Preferred Creation/Redemption Model, Submits Amended Bitcoin ETF Application Following Silbert's Resignation

Like BlackRock and ARK, Grayscale also initially said it would use the in-kind creation and redemption model on its spot Bitcoin ETF. But as Wall Street giants ironed out details with the regulator – probably looking to be a part of the first wave of applications to be approved by…

International Business Times

Bitcoin ETF Applicants May Have To Face One More SEC Hurdle Before Approval, Says Analyst

Over the past few weeks, several companies, including Blackrock and ARK, amended their S-1 registration with the SEC, to make it to the supposed first batch of approved spot Bitcoin ETF issuers.

Get all your
news in one place.

100’s of premium titles.
One news app.

International Business Times

SEC Reportedly Concerned Bitcoin ETF In-Kind Model Would Be Used For Money Laundering

The major Wall Street regulator has reportedly instructed spot Bitcoin ETF applicants to amend their filings and use the cash creation and redemption model.

The Street

Cathie Wood makes a $6.5 million bet on Pinterest

Shares of the company are up 56% for the year.

International Business Times

Bitcoin Dominance Plummets But Spot BTC ETF Progress Sparks Hope For $45K Target

Bitcoin ended last week at around $41,400, recording a 5.5% loss from the previous week's closing value of around $43,800. It continued to dip Monday, reaching a weekly low of about $40,425.

International Business Times

ARK Invest Yields To SEC's Instruction As First Wave Of Possible Bitcoin ETF Approvals Nears

ARK's latest move suggests that the U.S. Securities and Exchange Commission did not budge on its preferred creations and redemptions model.

Investors Business Daily

Cathie Wood Sails Past Fidelity Thanks To A Hail Mary Stock Pick

Cathie Wood's ARK Innovation is on top for the year again — racing back past Fidelity Blue Chip Growth. She can thank this stock.

The Street

Cathie Wood sinks $11 million into Crispr following landmark U.S. approval

The stock slumped hard in the past week.

The Street

Top Tesla bull says it's too early to include robotaxis in its valuation

Gary Black, managing partner of Future Fund, said some Tesla bulls miss this point.

1 … 4 5 6 7

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.