Cathie Wood’s ARK Bitcoin ETF Records Daily Outflows Surpassing Grayscale’s GBTC
Tuesday saw the second consecutive day of outflows for ARKB, with $87.5 million in exodus, surpassing GBTC's $81.9 million.
Tuesday saw the second consecutive day of outflows for ARKB, with $87.5 million in exodus, surpassing GBTC's $81.9 million.
Ark Invest sold 74,291 Coinbase shares across three funds on Monday, amid Bitcoin's bullish rise boosting COIN prices.
This sale is ARK's second-largest weekly COIN shares offload since July 2023. Previous record was set on Feb 16 with
The Ark 21Shares ARKB spot Bitcoin exchange-traded fund has become the third to cross a billion dollars in assets under
Ark insisted that bitcoin has become an independent asset class worthy of a “strategic allocation in institutional portfolios.
Wood defends Bitcoin, highlighting its value and robust security. She emphasizes its network surpasses tech giants' cloud size.
ARK has upped the ante for its recently launched spot Bitcoin ETF by acquiring shares aggressively.
Ark Investment's Cathie Wood expressed disapproval following SEC Chair Gary Gensler's negative comments on Bitcoin.
ARK21's deadline has set the stage for a potential spot Bitcoin ETF approval announcement by the SEC.
ARK allocated approximately $100 million of its proceeds into the ProShares Bitcoin Futures ETF (BITO).