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Cathie Wood Drops $373 Million On Circle's 168% Rally, Dumps Coinbase And Crypto Holdings — Is Ark Ditching Bitcoin for Stablecoins?
Thursday, June 5, 2025 - 9:48pm | 952Cathie Wood's Ark Invest made a blockbuster purchase of Circle Internet Group (NYSE:CRCL) shares on Thursday, marking a significant move in the evolving digital assets landscape. The bold acquisition came as Ark simultaneously reshuffled its cryptocurrency stock portfolio, reducing exposure to...
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Cathie Wood Buys The Dip In Tempus AI, Coinbase But Sells Ark's Bitcoin ETF Shares Amid Crypto Meltdown
Tuesday, February 25, 2025 - 10:34pm | 658On Tuesday, Cathie Wood-led Ark Invest made some significant trades, most notably buying into Tempus AI Inc. (NASDAQ:TEM) and Coinbase Global Inc. (NASDAQ:COIN), while selling shares of ARK 21Shares Bitcoin ETF (NASDAQ:ARKB). The Tempus AI Trade Ark Invest...
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Cathie Wood's Ark Invest Buys $4.5M Of PayPal And $3.5M Of Pinterest Shares, Sells Own Bitcoin ETF Amid Crypto Surge, And Continues Offloading Palantir
Monday, September 23, 2024 - 11:37pm | 667On Monday, Cathie Wood-led Ark Invest made some significant trades. Notably, the firm bought shares of PayPal Holdings Inc (NASDAQ:PYPL) and Pinterest Inc (NYSE:PINS), while selling its stake in ARK 21Shares Bitcoin ETF (BATS:ARKB). The PayPal Trade Ark Invest’s Fintech Innovation ETF (NYSE:...
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Coinbase Hits 3-Year High: Cathie Wood's Top Pick Surges As Bitcoin Rockets Past $72,000
Tuesday, March 12, 2024 - 10:10am | 563The Bitcoin (Crypto: BTC) bull rally is in full swing as the cryptocurrency reaches another all-time high. Bitcoin popped on Monday, rising roughly 5% to settle above $72,300 just days after smashing 2021's peak. Amid the renewed excitement around crypto, Coinbase (NASDAQ:COIN) has seen its shares...
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Cathie Wood-Led Ark Invest, Offloads $12.6M In ProShares Bitcoin Strategy ETF Units, Acquires $21M Of Its Own Spot ETF Amid Crypto Volatility
Tuesday, January 23, 2024 - 12:19am | 668In a significant move on Monday, Cathie Wood-led Ark Invest made a headline-grabbing trade by selling a substantial amount of ProShares Bitcoin Strategy ETF (NYSE:BITO) units and concurrently increasing its stake in the ARK 21Shares Bitcoin ETF (NYSE:ARKB). This strategic shift in Ark Invest’...
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Crypto-Related Stocks Are Moving On Bitcoin ETF Approval: The Details
Wednesday, January 10, 2024 - 6:23pm | 558Several crypto-related stocks are moving after the bell Wednesday following accelerated spot Bitcoin (CRYPTO: BTC) ETF approval from the U.S. Securities and Exchange Commission. What To Know: The SEC delayed its decision on several ETF submissions multiple times and repeatedly asked for changes to...
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Bitcoin ETFs Poised To Capture Significant Market Share Within 3 Years: Report
Monday, August 14, 2023 - 10:33am | 455Prominent brokerage firm Bernstein highlighted the potential impact of crypto exchange-traded funds (ETFs) on the market, emphasizing that such ETFs not only stimulate demand in the spot market but also act as a beacon of regulatory endorsement. This, in turn, attracts both retail...
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Bitcoin Could Surge With SEC's Spot ETF Approvals; Matrixport Urges 'Upside Exposure'
Thursday, August 10, 2023 - 2:05pm | 452Crypto-services provider Matrixport on Thursday said that the U.S. Securities and Exchange Commission (SEC) might greenlight multiple spot bitcoin exchange-traded funds (ETFs) in the near future. This move could potentially boost the value of the leading cryptocurrency, Coindesk reported....