ARK Invest

Coinbase’s (COIN) shares rose to a near one-year high after the exchange announced a surveillance-sharing agreement with five spot bitcoin (BTC) exchange-traded fund (ETF) applicants. "First Mover" hosts share their reaction as Cathie Wood’s ARK Invest sells $12 million worth of Coinbase’s stock. Separately, insights on the U.S. Consumer Price Index falling to 3% on a year-over-year basis in June.

Jul 12, 2023

Architect founder and CEO Brett Harrison weighs in on the future of spot bitcoin ETFs in the U.S. in the wake of Fidelity, WisdomTree, VanEck, ARK Invest, Galaxy/Invesco and BlackRock all filing applications over the past few weeks, “Is it arbitrary that the spot Bitcoin ETF cannot be approved when these other spot commodity ETFs have been approved in the past?” Harrison said.

Jul 3, 2023

Asset management giant Fidelity has refiled paperwork for its Wise Origin Bitcoin Trust, joining the wave of spot bitcoin ETF applications after BlackRock (BLK), Invesco (IVZ) and WisdomTree. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De discusses Fidelity's previous application that was rejected by the SEC in early 2022. Plus, insights on ARK Invest's inclusion of a surveillance-sharing agreement in its filing.

Jun 30, 2023

“CoinDesk Daily” host Jenn Sennasie dives into some of the hottest stories in crypto, as Cathie Wood's ARK Invest amends its filing for a spot bitcoin ETF to include a surveillance-sharing agreement. This comes as entertainment company Warner Music Group sets its sights on a blockchain music accelerator. And, a closer look at why crypto criminals are moving on from bitcoin to other cryptocurrencies.

Jun 28, 2023

ARK Invest founder Cathie Wood recently said at a conference that the U.S. is 'losing' the bitcoin movement owing to its regulatory system. "The Hash" panel discusses the state of crypto in the country amid increasing pressure from the regulators. Plus, insights on Tesla CEO Elon Musk advising investors to not "bet the farm on Dogecoin."

May 24, 2023

ARK Invest Crypto Lead Yassine Elmandjra discusses his outlook on the price performance of bitcoin and whether the largest cryptocurrency by market capitalization could exceed $1 million by 2030.

Apr 13, 2023

Bitcoin is hovering around $30,000 after rising over 80% this year. ARK Invest Crypto Lead Yassine Elmandjra breaks down the largest cryptocurrency by market capitalization's rally and insights on ARK Invest's Big Ideas 2023 report.

Apr 13, 2023

Cathie Wood's ARK Invest bought $12.6 million of Coinbase (COIN) shares on Friday, the second straight day the fund purchased the crypto exchange's stock after the company received a Wells Notice from the SEC. CoinDesk Senior Markets Reporter for Asia, Sam Reynolds, discusses Cathie Wood’s latest investments.

Mar 27, 2023

Markets

Il fondo di Cathie Wood ha acquistato COIN e SQ giovedì e venerdì della scorsa settimana dopo che Coinbase è crollata dopo essere stata colpita da un avviso Wells e Block ha subito un colpo in seguito al rapporto di un venditore allo scoperto.

By Greg AhlstrandMar 27, 2023

ARK Invest bought shares of Coinbase (COIN) low and sold it high this week. On Tuesday, Cathie Wood’s fund sold shares worth $13.5 million when the stock was at approximately $83 a share. Just over 48 hours later, ARK bought more shares as the stock fell and closed Thursday in the U.S. at $66.30 after the company revealed it had received a Wells Notice from the SEC. "The Hash" panel discusses Cathie Wood's continued bet on Coinbase.

Mar 24, 2023