ARK Invest Explains How Bitcoin (BTC) Could Shoot Up to $1.5 Million by 2030
Institutional investments, particularly through spot ETFs, are key drivers in ARK's bullish Bitcoin scenario, where the asset could capture up
Institutional investments, particularly through spot ETFs, are key drivers in ARK's bullish Bitcoin scenario, where the asset could capture up
Wood thinks the BTC price may surpass a whopping $1 million by 2030.
The purchases marked Ark Invest’s first since June 2023, when the company bought $21 million worth of COIN.
The U.S. spot Bitcoin ETF market has been on a 13-day inflow streak despite Ark Invest's ARKB seeing outflows of
Despite Coinbase's strong performance, Ark Invest chose to offload shares.
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.