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Cathie Wood’s ARK Bolsters Position with $16M Purchase of Its Bitcoin ETF: Report

Cathie Wood’s ARK Investment Management LLC is actively acquiring shares of its recently introduced spot Bitcoin ETF, intensifying the competition among the initial issuers. The ARK Next Generation Internet ETF…

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Sanctioned Entities Flock to Stablecoins Amidst Decline in Illicit Activity: Chainalysis

In 2023, illicit crypto addresses experienced a notable decrease in value to $24.2 billion, with Chainalysis reporting a decline in the share of all crypto transaction volume related to such…

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Fidelity Sees Recent BTC Sales as Short-Term ‘Hangover’ Post-Spot Bitcoin ETF Launch

Jurrien Timmer, Fidelity’s Director of Global Macro, has expressed the view that the current trends in Bitcoin’s price suggest a short-term positioning adjustment rather than a long-term trend reversal in…

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