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Cathie Wood Stays Bullish On Bitcoin: 'It's The Biggest Of All The Crypto Ideas Out There'
Wednesday, January 24, 2024 - 12:42pm | 421Ark Invest founder Cathie Wood defied the major sell-off of Bitcoin (CRYPTO: BTC), saying the world's largest digital currency is one of the most significant investments of our time. In a CNBC interview on Wednesday, she emphasized Bitcoin's role in shaping a...
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Cathie Wood's Ark Invest Buys Block And Dumps GBTC Shares Amid Bitcoin, Ethereum Rally
Monday, December 18, 2023 - 11:31pm | 657On Monday, Cathie Wood-led Ark Invest made significant trades, notably buying shares of Block Inc (NYSE:SQ) and selling Grayscale Bitcoin Trust (OTC:GBTC) units. This move comes amid recent appreciation in Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) prices. The rise in cryptocurrency prices...
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Cathie Wood's Ark Invest Sells $42M Worth Of Coinbase Shares Even As Bitcoin, Ethereum Soar
Thursday, December 14, 2023 - 12:03am | 691In a significant move on Tuesday, Cathie Wood-led Ark Invest executed a notable sale in the cryptocurrency sector, divesting over $42 million worth of Coinbase Global Inc (NASDAQ:COIN) shares. This decision came amidst a volatile cryptocurrency market, where major currencies like Bitcoin (CRYPTO:...
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Grayscale Files For Ether Futures ETF Following Court Victory Against SEC
Wednesday, September 20, 2023 - 9:20am | 399Grayscale Investments submitted a new application to the U.S. Securities and Exchange Commission (SEC) for a new exchange-traded fund (ETF). This time, the ETF would be centered on Ether (CRYPTO: ETH) futures. The ETF application is based on the Securities Act of 1933, the same regulation that...
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Grayscale Vs. SEC: Court Schedules Hearing For Conversion Of Bitcoin Trust To ETF
Tuesday, January 24, 2023 - 3:17pm | 413The District of Columbia Court of Appeals has scheduled a date to hear oral arguments in Grayscale's lawsuit against the Securities and Exchange Commission's (SEC) decision to deny the conversion of its Grayscale Bitcoin Trust (OTC: GBTC) to an exchange-traded fund (ETF). The hearing...
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GBTC Sellers Buying Bitcoin As Genesis Bankruptcy Fears Grow, Says Crypto Analyst
Tuesday, December 6, 2022 - 7:16am | 400Popular analyst Willy Woo said that the fear of Genesis going bankrupt is one of the major factors retail investors are selling Grayscale Bitcoin Trust (OTC: GBTC) shares. What Happened: On Monday, Woo tweeted that the pessimistic attitude surrounding GBTC has been favorable for Bitcoin (...
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Floodgates Open For Big Institutional Investors To Pour Into Bitcoin
Thursday, June 18, 2020 - 10:04am | 804Authored by Juan Villaverde and Bruce Ng Why pay attention to what hedge funds, university endowments, pension funds and other big-foot institutional investors are doing? Because that’s where the big money is. And Bitcoin is one of the only cryptocurrencies big and liquid enough to absorb...
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Dollar Volume In GBTC More Than Doubled In January, As Coronavirus Fears Spurred A Crypto Rally
Monday, February 24, 2020 - 11:34am | 1509The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Nearly $24 billion worth of shares traded on OTC Markets last month, down about 2% from December. There were a number of significant...
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A Dutch Brewing Company And Grocery Conglomerate Were 2 Of The Most Actively Traded Securities On OTC Markets In December
Friday, January 10, 2020 - 8:29am | 1189The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Two Dutch companies were among the most actively traded securities on OTC Markets in December, the first time all year that companies from...
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What Grayscale Had To Say About The Future Of Crypto In Its Latest Investor Presentation
Wednesday, December 18, 2019 - 8:15am | 973The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Executives from 25 OTC-traded companies in the consumer and materials sectors recently gathered together for the largest Virtual Investor...
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The Most Actively Traded Stocks On OTC Markets In July
Monday, August 26, 2019 - 11:02am | 1607This post is from Benzinga's Partner Content team More than 4 billion shares—or $7.7 billion—exchanged hands on the OTCQX Best Market and OTCQB Venture Market in July. These were the most active individual securities on each of the top tiers of OTC Markets. OTCQX Market ...
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The Most Actively Traded Securities On OTC Markets In June
Thursday, July 18, 2019 - 9:16am | 918There are over 10,000 securities traded on the OTC Markets, 1,430 of which trade on the market’s top two tiers, OTCQX and OTCQB. But when it comes to the most actively traded of those securities, there is a clear top eight. As of the end of June, there were eight securities—four on...
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One Year After The Crypto Craze, Wall Street Is Still Scratching Its Head At Cryptocurrencies
Monday, October 29, 2018 - 11:47am | 777If 2017 was the year of crypto-mania, then 2018 is the year that Wall Street grappled with how to incorporate the asset class into its markets. We got a taste of how the two worlds might interact last December, when both the Chicago Mercantile Exchange and Chicago Board of Options Exchange...