Auto Added by WPeMatico

Ark Invest Removes Staking Option From Latest Ethereum ETF Proposal

Ark Invest and 21shares have revised their proposal for a spot ethereum exchange-traded fund (ETF), removing previously included options for staking. This change marks a significant pivot from their earlier…

Continue ReadingArk Invest Removes Staking Option From Latest Ethereum ETF Proposal

GBTC’s Heavy Withdrawals Result in Net $11.3M Outflow in US Bitcoin ETFs

The U.S. spot bitcoin exchange-traded funds (ETFs) witnessed an outflow of $11.3 million during Thursday’s trading sessions, following an inflow of $11.5 million on Wednesday. Although the majority of funds…

Continue ReadingGBTC’s Heavy Withdrawals Result in Net $11.3M Outflow in US Bitcoin ETFs

Mixed Fortunes for US Bitcoin Funds as GBTC Losses Offset Other Gains

Following two days of positive inflows, U.S. spot bitcoin exchange-traded funds (ETFs) experienced a decline, with $15.7 million exiting on Tuesday. Grayscale’s Bitcoin Trust (GBTC) saw $29 million leave during…

Continue ReadingMixed Fortunes for US Bitcoin Funds as GBTC Losses Offset Other Gains

Positive Market Turn: US Bitcoin ETFs See Substantial Inflows After Last Week’s Outflows

According to statistics, U.S. spot bitcoin exchange-traded funds (ETFs) saw their second consecutive day of positive inflows after recording approximately $378.3 million on Friday. During Monday’s trading sessions, the U.S.-based…

Continue ReadingPositive Market Turn: US Bitcoin ETFs See Substantial Inflows After Last Week’s Outflows

Ark Invest’s ETF Holds Unique ‘Bitcoin Puppet’ NFT Worth Over $27,000

According to onchain metrics, Ark Invest’s holdings in its spot bitcoin exchange-traded fund (ETF) include several inscriptions, among them an Ordinal inscription from the “Bitcoin Puppet” digital collectible series, valued…

Continue ReadingArk Invest’s ETF Holds Unique ‘Bitcoin Puppet’ NFT Worth Over $27,000

Ark CEO Cathie Wood Sees Bitcoin as a Hedge Against Currency Devaluations and Rogue Regimes

Ark Invest CEO Cathie Wood sees bitcoin as a hedge against currency devaluations and wealth erosion. “I think this is an insurance policy against rogue regimes or against just horrible…

Continue ReadingArk CEO Cathie Wood Sees Bitcoin as a Hedge Against Currency Devaluations and Rogue Regimes

Cathie Wood’s ARK Bitcoin ETF Records Daily Outflows Surpassing Grayscale’s GBTC

Cathie Wood’s ARK 21Shares Bitcoin exchange-traded fund (ETF) recorded net outflows exceeding $87 million on Tuesday, marking the highest outflow since its inception, as per data from Farside Investors. The…

Continue ReadingCathie Wood’s ARK Bitcoin ETF Records Daily Outflows Surpassing Grayscale’s GBTC

Ark Invest Shifts Portfolio, Swaps Coinbase and Robinhood for Newly IPO’d Reddit Shares

On Thursday, Ark Invest parted ways with 133,533 Coinbase shares from its Ark Innovation exchange-traded fund (ARKK) and also disposed of 96,003 Robinhood shares from the ARKW ETF. Following these…

Continue ReadingArk Invest Shifts Portfolio, Swaps Coinbase and Robinhood for Newly IPO’d Reddit Shares